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The new normal: The Arc of Cumberland County rises to the pandemic


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More athletes than ever participated in an Exclusive Masked 2020 Version of The Arc Special Olympics in late October.
Photo submitted
Dec 30, 2020
Dec 30, 2020
More athletes than ever participated in an Exclusive Masked 2020 Version of The Arc Special Olympics in late October.
Photo submitted
Masks and social distancing are the new norm with The Arc of Cumberland County.
Promoting the well-being of people with intellectual and developmental disabilities  has always been The Arc’s mission and purpose. And the year 2020 has been no different in that respect. But because of the challenges brought about by the pandemic, The Arc has had to be creative in how it goes about usual activities in order to keep all safe and healthy.  ....

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County benefitting from low loan rates


Dec 17, 2020
While interest rates have plummeted in recent months, Cumberland County still enjoys low variable rates on its long-term debt.
Scott Gibson with Cumberland Securities said the county could consider converting some of its variable-rate loans to fixed rates in the coming months, but added, “financially, there’s not really a savings to do that. But there’s not really a cost.”
The county has about 43% of its debt in variable rate loans, with 26% in fixed-rate loans and 31% in synthetic fixed-rate loans. The county’s debt management policy calls for a ratio of 65% fixed and 35% variable rate debt.
“We could change the chart and make the graph look different,” he said. “But when it comes to making the payments, your payments are going to be the same.” ....

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