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Texas County Progress

Texas County Progress

The Official Publication of the County Judges and Commissioners Association of Texas

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Public FinanceExploring a County

July 31, 2007 by Sarah L

In 1994 Colorado County financed a $3.6 million, 96-bed jail using certificates of obligation (COs). The county refinanced those bonds in 2004 in order to take advantage of a lower interest rate, saving taxpayers a significant amount of money, said Colorado County Judge Al Jamison.
In June 2006, “we experienced a catastrophic failure of our district courtroom ceiling,” Jamison said. During the repair process, structural engineers uncovered further damage that called for a new roof, refurbished window frames, and rewiring of the entire building.
“The cost of these

Filed Under: Revenue Related

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