FY26 budget book final

WASHINGTON COUNTY APPROVED BUDGET

FY 2026

The table below shows the current outstanding balance as of June 30, 2025, and the estimated impact of debt service on the Operating Budget for FY 2026.

Current Debt Balance and FY 2026 Principal and Interest Costs

FY 2025 Balance

FY 2026 Principal

FY 2026 Interest

Total Debt Service

Description

General Fund: 2013 Public Improvement Bonds

6,290,000

620,000 755,000 574,386

179,400 16,988 45,175 218,522 224,233 61,944 279,866 334,986 338,813 217,494 176,079 181,649 283,841 380,475 495,550 887,950 486,869

799,400 771,988 619,561

2013 Refunding Bonds

755,000

2015 Public Improvement Bonds

1,793,014 6,502,380 8,176,399 3,047,934 8,851,959 9,435,968 9,953,418 7,736,651 3,798,843 10,360,492 9,665,428 8,705,000 10,710,000 18,850,000 17,761,281

2015 Refunding Bonds

2,078,637

2,297,159

2016 Public Improvement Bonds

569,906 734,075 548,621 509,493 473,328 368,887 554,529

794,139 796,019 828,487 844,479 812,141 586,381 730,608

2016 Refunding Bonds

2017 Public Improvement Bonds 2018 Public Improvement Bonds 2019 Public Improvement Bonds 2020 Public Improvement Bonds

2020 Refunding Bonds 2020 B Refunding Bonds

1,274,805

1,456,454

2021 Public Improvement Bonds 2022 Public Improvement Bonds 2023 Public Improvement Bonds

411,400 310,000 350,000 930,000

695,241 690,475 845,550

2024 Public Improvement and Refunding Bonds 2025 Public Improvement and Refunding Bonds

1,817,950

-

486,869 290,201

MD Water Quality Resh Capping Ph 1

571,810

284,483

5,718

Total General Fund Existing Debt

$142,965,577 $11,347,550 $4,815,552

$16,163,102

2026 Planned Debt:

2026 Public Improvement Bonds

14,000,000

Total General Fund Debt

$156,965,577 $11,347,550 $4,815,552

$16,163,102

Solid Waste:

2015 Refunding Bonds

539,220 70,181 438,851 842,411 669,954 211,510 23,349

172,685

18,115

190,800

2016 Public Improvement Bonds

4,892

1,925 8,919

6,817

2016 Refunding Bonds

105,694 52,210 36,174 10,058

114,613 78,844 59,958 17,258

2017 Public Improvement Bonds 2018 Public Improvement Bonds 2019 Public Improvement Bonds 2020 Public Improvement Bonds

26,634 23,784

7,200

1,113

656

1,769

2020 Refunding Bonds 2020 B Refunding Bonds

1,503,728 1,431,317

219,504 176,116 10,000 10,000

69,699 25,095 14,350 18,850

289,203 201,211 24,350 28,850 101,436

2023 Public Improvement Bonds

310,000 405,000

2024 Public Improvement and Refunding Bonds 2025 Public Improvement and Refunding Bonds

3,790,000

-

101,436 $316,663

Total Solid Waste Existing Debt

$10,235,521

$798,446

$1,115,109

2026 Planned Debt:

2026 Public Improvement Bonds

6,778,000

Total Solid Waste Debt

$17,013,521

$798,446

$316,663

$1,115,109

2026 Budget Document

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