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Baltimore County Considers Issuing Bonds to Raise Funds for Pension Contributions
Baltimore Sun 
Oct. 13, 2012
"Baltimore County officials say they can close a gap in pension funding while saving taxpayers hundreds of millions of dollars. But their planned strategy is one that carries considerable risk, experts say. County Executive Kevin Kamenetz has proposed borrowing $255 million through pension obligation bonds and repaying the money over the next three decades."
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