Wicomico County Executive Julie Giordano will hold a public hearing Tuesday, Nov. 14, on the fiscal year 2025-2029 Capital Improvement Program.

The meeting will be held in the Flanders Room of the Wicomico Civic Center, beginning at 7 p.m.

The public is encouraged to present their comments and questions.

The Capital Improvement Program is the county’s list of big-ticket construction programs. Final decisions are based on prioritization of need and available funding sources.

Capital spending is typically dictated by the county’s ability to borrow. Recently, the county sold $4.195 million in general obligation and tax-exempt bonds to finance several major projects in the county.

The bonds carry a true interest cost of 4.325345 percent. The county’s bond issue drew a strong market response of five bidders, which officials said is indicative of the attractiveness of its bonds. 

The county also sold $7.645 million in taxable bonds to finance certain projects at the Salisbury-Wicomico Regional Airport. The taxable bonds had four bids and the true interest cost is 5.709504 percent. 

In October, S&P Global Ratings affirmed Wicomico’s strong AA+ and Moody’s Investors Service affirmed the County’s rating of Aa2.

Included in the bond issue is funding for the school board’s renovation/addition project at Mardela Middle and High School, among other capital project needs.