City officials are saying the report won’t be ready for another month or longer. It will be interesting to see how and when the report is released, especially with an upcoming city election. Those numbers will be very important to the council and mayoral candidates campaign platforms.
I do know that the administration is planning to do some bond re-financing next month. I think they are planning to tell the public about how much debt has been paid off over the past 8 years and tax collection being down doesn’t matter.
One of the main reasons why so much debt has been paid off is because the water/sewer enterprise funds have been swimming in money because of the multiple rate increases.
We will see how Huether and Turbak spin this.