Mayor’s Staff Answers Questions About Bond Issue
We have asked several questions about the proposed $186 million dollar bond issue that will be on the ballot in November.
We want to know what you think about the bond proposal. Please take our poll at the bottom of this post.
The Mayor's Communications Director, Ben Riggs answers most of our questions. Will these answers satisfy voters enough to convince them to vote yes on these 3 propositions.
One of my big issues is the fund balance in the Water and Sewer Enterprise Fund. It's projected to be close to $44 million by the end of this year. We want to know why this money can not be used for some of the $32 million in water and sewer bond issue projects.
Some questions have been raised about the city's debt. Riggs addresses those concerns.
The election is November 16th. It will include 3 propositions:
$32 million for water and sewerage,
$76 million for the Fire and Police Departments and SPAR
$77.8 million for streets and drainage.