County votes to refinance $11.2 million balance of hospital construction debt

Posted on August 26, 2015

The Taylor County Commission unanimously agreed Monday to refinance the remaining $11.2 million in debt the county owes from constructing and equipping Doctors’ Memorial Hospital (DMH).

The hospital bonds are paid using the county’s one-cent sales tax, which Taylor County voters approved in 2001 to construct DMH. The county refinanced the bonds once before in 2005.

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