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Carroll County
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Volunteer fire company revolving loan program

Carroll County

Summary

The county set up a $10 million revolving loan fund so the 14 volunteer fire companies can afford fire apparatus — engines now top $1 million and ladder trucks $2 million. Loans carry below-market interest rates and are vetted by ESAC and a county Fire Loan Committee.

At a glance

Total mentions
1
Last 30 days
1

Discussed at 1 meeting in the last 60 days; most recently Oct 15, 2026.

Impact analysis

💰Financial impact

$10 million reserved from the FY2027 budget; below-market loan rates of roughly 3-4% versus market rates of 7-8%.

✅Who benefits

The county's 14 volunteer fire companies and, ultimately, residents who depend on them.

Mentions & discussions (1)

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