Vancouver, Wash. - Clark County Treasurer Alishia Topper announced the county closed on the refinance of three Limited Tax General Obligation Refunding Bonds and executed two additional early payoffs. The transaction was completed on July 14, 2022.

The positive financial benefits include an aggregate net present value savings of $857,586.  In addition, the refinancing allows the county to continue receiving state sales tax credit revenues for another 15 years to fund public facilities district capital projects, estimated revenues total upwards of $30 million.

“The Clark County Treasurer’s Office finance team manages debt on behalf of the county and we are pleased this refinancing saves the county and taxpayers monies. I am proud of the work of my chief deputy treasurer Sara Lowe for finding this opportunity,” Topper said.

Savings breakdown:

To learn more about how the county treasurer manages debt visit  https://clark.wa.gov/treasurer/debt-management-1.

CONTACT:
Alishia Topper, Clark County Treasurer
564.397.4452