Westchester County issues long term debt as needed to fund capital construction and renovation projects throughout the county. This debt is issued in the form of General Obligation Serial Bonds.
The acquisition, construction and renovation of county infrastructure and public facilities such as roads, bridges, sewer, water and refuse disposal facilities, four swimming pools, 17,843 acres of parks, Playland amusement park, our six golf courses, the County Courthouse, correctional facilities and various other county office buildings and structures are funded through the issuance of these bonds.
Short-Term Financing Tax Anticipation Notes (TAN) are issued to provide cash flow leading up to the collection of the County’s property tax levy of which 60 percent is collected in May and the balance (40 percent) in October.
Short-Term Financing Bond Anticipation Notes (BAN) are issued to finance capital projects in anticipation that the notes will be converted to long-term obligations generally within five years after the original issue date.
Westchester County consistently obtains some of the lowest interest rates on our bonds. Our bonds are purchased by syndicates comprised of some of the largest and most prestigious underwriters in the world. Westchester County is rated by the three bond rating agencies (Moody’s, S&P, and Fitch). Ratings are located in the respective Official Statements.
Official Statements are approximately 70 -120 pages in length. The files have bookmarks and thumbnails for easy navigation within each report.
Notice and Disclaimer for County of Westchester, New York General Obligation Serial Bonds
The information and expressions of opinion in the Official Statement are subject to change without notice. The availability of the Official Statement on this Web site does not create any implication that there have been no changes in the affairs of the parties described in the Official Statement or that the other information or opinions therein are correct as of any time subsequent to its date. Maintenance of the Official Statement on this Web site is not intended as a republication of the information therein on any date subsequent to the date set forth in the Official Statement. The Official Statement was created in Adobe Portable Document Format (PDF). PDF is a widely used electronic publishing format that allows anyone using the Adobe Reader software to view and print a document with its original appearance preserved. If you do not have the Adobe Reader, or if you are using a version of Adobe Reader that is earlier than 8.0 you may obtain an updated version free of charge from the Adobe Web site. Using software other than the current Adobe Reader may cause the document that you view or print to differ from the Official Statement. Investment decisions should only be based upon the Official Statement, whether in printed form or downloaded using the current Adobe Reader.
By choosing to download and view the electronic Official Statement you are acknowledging that you have read and understand the above Notice and Disclaimer.
Official Statement for Jan. 7, 2020 Tax Anticipation Notes for 2020 Taxes of $200,000,000
Official Statement for Dec, 10,2019 General obligation Bond Sale for $140,041,548
Official Statement of Nov. 29, 2018 General Obligation Bond Sale of $182,155,000
Official Statement for Feb. 1, 2018 Tax Anticipation Notes for 2018 Taxes of $150,000,000