Will these projects increase my taxes?

The bond program is designed not to contribute to an increase in property tax rates. Goochland County has adopted prudent financial management policies designed to protect its triple-A bond rating.

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1. Will voting YES on the ballot questions result in a tax rate increase?
2. Why don’t we pay cash for the projects instead of going into debt to pay for them?
3. What are the debt ratio policies? Why are they important? What is the maximum that could be issued while the County maintains its debt ratios?
4. Will these projects increase my taxes?
5. Why do we have to take on debt?
6. Can Goochland County afford the debt service payments on up to $96 million in General Obligation bond debt?
7. What impact will these new bonds have on the Tuckahoe Creek Service District (TCSD) bond debt?