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:
.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.
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