Monday, March 25, 2013
Bucks County's newest bond issue will largely go to completing the Justice Center in Doylestown, plus bridge repair and open space preservation.
Bucks County Commissioners unanimously approved, last week, to issue $65.3 million in bonds for improvement projects. A majority of the bond proceeds will be used to help complete the $84 million Justice Center, which should be finished by summer, 2014. The Justice Center is largest capital project in Bucks County government's 331-year history. Borrowing $65.3 million, however, should cost the average taxpayer about $27 per year, according to Phillyburbs.com. Overall, with this bond issue, the county will be more than $300 million in debt this year. But the county has good credit and could borrow up to $1.12 billion. According to county Director of Finance and Administration David Boscola, the $65.3 million in bonds will actually net the …
Saturday, December 22, 2012
Rudolph, Frosty, Santa and Lt. Gov. Jim Cawley will headline the annual event, which is open to the public.
- GOVERNMENT
-
Saturday, December 22, 2012
Bucks County government will hold its 47th annual holiday program for all employees, their families and the community. The program will take place Monday, Dec. 24, at the courthouse in Doylestown, 55 E. Court St., in the third-floor rotunda. It starts at 9:30 a.m. Entertainment will include magician Steve Black and a performance bya choir of county employees. Lieutenant Governor Jim Cawley, a Bucks County native and former Republican Bucks County Commissioner, will read a holiday story to children. Rudolph the Red Nosed Reindeer and Frosty the Snowman will make special appearnces, and Santa Claus will come “down” the chimney. Each child will have the opportunity to visit with Santa and receive a free photo and gift. The program is …
Friday, November 23, 2012
Bucks County unveils its preliminary 2013 operating budget, which increases spending by 1.2 percent, but carries over $44.3 million in the general fund from this year.
- GOVERNMENT
-
Friday, November 23, 2012
News Releases from Bucks County. For more information, please go to www.buckscounty.org. Bucks County Commissioner Chairman Robert G. Loughery, Chief Operating Officer Brian Hessenthaler and Finance Director David Boscola presented the county’s preliminary operating budget for 2013 this afternoon at the Bucks County Courthouse. The proposed budget of $467.5 million represents a 1.2 percent increase over 2012. According to Mr. Boscola, the preliminary budget draft remains a work-in-progress, which will include ongoing analysis and input from the Board of Commissioners, administration, courts and row offices. “Another very difficult budget,” Mr. Boscola stated. “Due to ongoing economic conditions that the county has tried to weather for a …
Thursday, September 22, 2011
Ann's Choice retirement community hosted a 'Meet the Candidates' event Wednesday night.
Touted as the highest polling district in the county, it's no surprise that Ann's Choice's Meet the Candidates expo Wednesday night attracted many of the local, county and state campaigners. Organized by the retirement community's Political Interest Group, the event gave the approximately 2,000 residents of Ann's Choice a chance to meet the people they could be voting for on Nov. 8. "We usually hold debates," said Sally Rosen-Plon, a member of the Political Interest Group for six years. "It didn't make sense to have 10 or 12 different debates, though. Nobody would sit through all of that. Instead, the residents got a chance to talk to the candidates on a one-on-one basis." Candidates such as Mark McKee, Republican hopeful for the …
Tuesday, September 20, 2011
The Democratic candidates for Bucks County Commissioner vowed Tuesday to rescind the Election Day holiday for county employees.
For years, Election Day has been a holiday for employees of Bucks County government. The reason isn't so they can vote. It's so the Republican-controlled county can put its machine to work electing or re-electing more Republicans. That's the charge by the Democratic candidates for Bucks County commissioner. Diane Marseglia and Det Ansinn joined the four other Democratic candidates for county row offices Tuesday in front of the Bucks County Courthouse. They pledged to get county employees back to work on Election Day as a means of stopping what they called the political corruption that years of Republican-controlled county government has wrought. Along with the rest of the 2011 Democratic slate, Marseglia and Ansinn signed a pledge to: …
Pete Krenshaw
4:11 pm on Wednesday, March 27, 2013
One key fact everyone seems to miss from this article is Bucks County will end up making money from the bond being issued. "According to county Director of Finance and Administration David Boscola, the $65.3 million in bonds will actually net the county approximately $75 million because they are able to issue the bonds at a premium, which will yield about $10 million more than the face value of … more ›