Public Debt Up $4.4 Million in Boone County

BOONE, Iowa---Public debt in Boone County, as calculated by the State of Iowa, totalled $68.7 million in the fiscal year 2011, up from $64.2 million in the 2010 fiscal year.  Public Debt for the City of Boone went up $2.4 million.  The City of Ogden went up nearly $1 million.  Both were financing mandated storm and sanitary sewer projects.  The other notable increase was the Ogden School District which had completed a construction project.  The current fiscal year has already seen a bond sale by the Boone School District with another expected in the next month.