Carroll commissioners approve $30 million bond sale to fund county projects

Carroll County’s Triple-A bond rating from three independent credit agencies resulted in the county securing a low interest rate of 3.63% during this year’s bond sale. Carroll County Comptroller Jenny Hobbs said the interest rate was lower than last year’s rate of 3.79% and was somewhat unexpected. “I guess the [financial] markets are moving,” Hobbs said to commissioners on Nov. 16.