"The Power & Light District is expected to generate only $4.8 million in tax revenues this fiscal year.
That is far, far short of the $16.8 million in annual debt service needed to pay for its bonds, which are guaranteed by the city."
Way to go Power & Loss! We need some renewable energy sources here. STAT!
I think I'll stick to my home hood of the Country Club Plaza, y'all.
2 comments:
It's sad that the deficit is so great, but hey you know how I feel about an over populated, loud, and over priced drinks!
We prefer BLONDE, right? LOL
Thanks for the great information, so many times, people forget about what is really happening.
[Mandy]
OMG, don't cuss by saying that "B" word in here!
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