03-15-2016, 12:16 PM
quote:That is total blubber BS. The county has been posting a slight carryover balance from a balanced budget for many years. They are not allowed to make money, they are not allowed to lose money. It is very admirable when the county can carryover a small amount to cover costs until the new revenue cycle begins. These financial records are openly available on county sites, there is no sane reason to lie constantly. The bonds are well within the county's projected budget and it sounds like tightening down on real estate tax evasion is bringing in added revenue, increasing the county's credit rating even more. You blow Chunks, Chunkster.
Originally posted by Chunkster
The park building binge that some people point to as Kenoi's great contribution to the Big Island involved heavy borrowing that has left the county near its safe limit for bonded indebtedness.
"Aloha also means goodbye. Aloha!"
*Japanese tourist on bus through Pahoa, "Is this still America?*