WASHINGTON COUNTY APPROVED BUDGET
FY 2026
FY 2025 Balance
FY 2026 Principal
FY 2026 Interest
Total Debt Service
Description
Water Quality: 2015 Public Improvement Bonds
516,986 293,400
165,614 93,678 405,203 245,231 29,168 69,333 41,613 125,000 95,967 319,079
13,025
178,639 103,540 564,633 265,924 44,048 114,919 71,400 246,875 126,439 364,545
2015 Refunding Bonds
9,862
2016 Public Improvement Bonds
5,813,420 1,018,215
159,430 20,693 14,880 45,586 29,787 121,875 30,472 45,466
2016 Refunding Bonds
2017 Public Improvement Bonds 2018 Public Improvement Bonds 2019 Public Improvement Bonds 2020 Public Improvement Bonds
470,629
1,284,078
875,071
4,640,000
2020 Refunding Bonds 2020 B Refunding Bonds
657,428
2,593,191
2021 Public Improvement Bonds 2022 Public Improvement Bonds 2023 Public Improvement Bonds
84,572
3,600
2,484
6,084
6,125,000 2,455,000 1,030,000 1,988,719
220,000 80,000 30,000
267,656 113,600 47,850 56,505
487,656 193,600 77,850 56,505 31,032 138,643 74,573
2024 Public Improvement and Refunding Bonds 2025 Public Improvement and Refunding Bonds
-
MD Water Quality Halfway I & I MD Water Quality Winebrenner MD Water Quality Conococheague
61,147
30,421 127,008 68,108
611
1,454,338 1,385,978
11,635
6,465
MD Water Quality Smithsburg WwTP - ENR Upgrades
4,488,552
188,442
71,164
259,606
Total Water Quality Existing Debt
$37,235,724
$2,337,465 $1,069,046
$3,406,511
2026 Planned Debt:
2026 Public Improvement Bonds
1,510,000
Total Water Quality Debt
$38,745,724
$2,337,465 $1,069,046
$3,406,511
Total Existing and 2026 Planned Debt
$212,724,822 $14,483,461 $6,201,261
$20,684,722
Bonded Limit Summary as of June 30, 2025
The County may only issue general obligation and revenue bonds under authority conferred by the Maryland General Assembly, excluding those issued for education. No referendum is required. As of June 30, 2025, the unused authorization available for issuance of general obligation bonds was $51,330,096.
2026 Budget Document
55
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