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January 20, 2013
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Carson perspective: City’s good credit rating goes a long way

Debt is a four-letter word. - Debt service, a four-letter word followed by a seven-letter word, is what comes after the incursion of debt. Debt service is reality whether you’re an individual or a city-county government. The following words from Carson City’s Mayor Robert Crowell, therefore, are relevant.“I also want to assure you,” he said during his recent state of the city speech, “that we are meeting our bonded indenture coverage requirements so our community’s credit rating remains very good.”Boring, you think? Hardly. Press on for a look at why.Things needed to run a sound, resilient and well-positioned city/ county …

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The Nevada Appeal Updated Jan 20, 2013 03:17AM Published Jan 20, 2013 03:16AM Copyright 2013 The Nevada Appeal. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.