Wicomico sells bonds to finance major projects

Wicomico County has sold $8.985 million in general obligation bonds to finance several major projects in the county.  The bonds carry a true interest cost of 2.56 percent County Executive Bob Culver reported this week.  The County’s issue drew a strong market response of 8 bidders, which is indicative of the attractiveness of its bonds. […]

Bob Culver: Wicomico spending is in control

Those who like to say that Wicomico County spending is out of control or has accelerated at an alarming rate just aren’t keeping their eyes on the ball. Rather than looking at county budgets and making wild conclusions, it’s more appropriate to analyze actual spending. Let’s look back and review what happened, and what has […]

Strausburg: Wicomico in strong financial position

In the wake of telling Wicomico County Council members he will request $226,000 to cover a budget shortfall, County Administrative Director Wayne Strausburg clarified the county is still in “a very strong financial position.” At the work session last week, Strausburg told council members he will  formally make the request, to have money taken from […]

Spending needs omitted from Wicomico budget

County Administrative Director Wayne Strausburg, speaking at a County Council work session this week, told members he will request another $226,000 for the just-begun Fiscal 2018 spending year to cover shortfalls. Strausburg, the top deputy to County Executive Bob Culver, said he will formally make a request next month that the money be taken from […]

Wicomico Council to meet Monday to reconcile budget

After voicing little desire to make changes to the just-approved fiscal 2018 budget, Wicomico County Council members have decided to meet in a special session next Monday to alter the spending plan. They will not, however, engage in a round of budget negotiation, as sought by the county’s executive branch. County Executive Bob Culver informed […]

Culver questions Wicomico Council spending cuts

Historically under the County Charter, the Wicomico Council can cut a County Executive’s proposed spending plan, and the seven members did just that, removing $684,783 from the fiscal 2018 budget. Their unanimous actions — which the council made final with a formal vote Tuesday night — mean county property owners will receive their first tax […]