In 2024, Jefferson County achieved a major financial milestone by refinancing its $2.24 billion sewer debt — saving ratepayers more than $1.1 billion.
Jefferson County Commissioner Lashunda Scales worked tirelessly with her colleagues to support this refinancing effort, which also limited the annual rate increase to 3.49%. This massive bond refinancing agreement received national recognition, earning The Bond Buyer’s “Southeast Region Deal of the Year” and a finalist for the National Deal of the Year.
“This bond refinancing was about protecting ratepayers while maintaining critical infrastructure needs,” said Commissioner Lashunda Scales. “Responsible financial management matters to every stakeholder in District 1.”
This collaborative effort strengthened the County’s long-term fiscal position. Therefore, easing the economic burden on Jefferson County ratepayers.
