Diane -- here's the link

Diane,

Here's the link that Chuck Shea posted on nemasket that had to do with the bond ratings of ALL Cities and Towns that I mentioned at Candidates' Night:

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DOR
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It's a short report of 14 pages with a lot of information, but the bond ratings are itemized on pages 6 and 7.
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The cost of borrowing is a hidden cost, like your credit card interest.
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When we talk about bringing businesses to the town for additional revenue, I believe we also have to define REVENUE differently, not solely in terms of NEW BUSINESSES.

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I suggested instead, that what is labelled REVENUE, should also consider:

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1. Lost opportunities

2. Cost savings

3. Lost Revenue - like the interest lost with tax bills sent 3 months late

4. Misspent funds

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Comparing the bond ratings of cities and towns should tell us that others are paying less to borrow.