Laura A. Koon, P.E.

Laura obtained her Bachelor of Civil Engineering degree and Masters of Science degree from Auburn University. Laura is a licensed professional engineer with approximately 30 years of water and wastewater experience in Florida and Alabama. Laura is currently the General Manager of the Alabaster Water Board in Alabaster, Alabama.

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LaDonna M. Chapman, CPA, CGFM

LaDonna obtained her Bachelor of Arts degree in Accounting from Alice Lloyd College. LaDonna is a certified public accountant and certified government financial manager with over 25 years of public and private accounting experience. LaDonna is currently the Accounting Manager for the Alabaster Water Board in Alabaster, Alabama.

Making sound decisions regarding long-term borrowing is critical to an organizations financial success.  It is important to understand the advantages and disadvantages associated with both Revenue Bonds/General Obligation Warrants and State Revolving Fund Bonds.  A comparison of key borrowing factors will be provided including bond structure, term/length of borrowing, interest rate, bidding requirements, materials procurement requirements, labor requirements, record keeping requirements and the process and time required to obtain bond disbursements.