Joe,
Does City No. 3 look familar in terms of being similar to Salisbury. I absolutely think so!
http://finance.yahoo.com/real-estate/article/113588/american-cities-going-br
DelMarVa's Premier Source for News, Opinion, Analysis, and Human Interest Contact Publisher Joe Albero at alberobutzo@wmconnect.com or 410-430-5349
Not even close.
ReplyDeleteThe City of Salisbury is sitting on millions of dollars in reserve funds.
Council's screw-up on the WWTP meand they'll have to borrow but the loan will be repaid over many years because the State won't want to put the City into bankruptcy.
When the City gets sound compotent financial management & stops crying poverty we'll have taken the first step towards fixing things.