Debt clock tweak
The City of Portland's issuing some new short-term debt next week, to tide the police and fire pension system over until property tax receipts start rolling in late in the fall. This "cash flow" borrowing has become an annual ritual. In any event, the sales document for the new bonds has some updated debt figures -- slightly different from the last batch issued a month or so previously -- and we have adjusted our debt clock accordingly. The debt per resident now stands at around $8,750, a little lower than previously calculated, but still growing.
Comments (2)
Hello Jack,
When looking at the "Long Term Debt" widget to the left, the 'your share' amount can't be read. Could it just be the way it comes across on my browser, which is IE7 by the way?
Just an F.Y.I.
Posted by Michael | July 15, 2008 1:42 PM
It looks fine on my computers, in both Firefox and IE, but that doesn't mean there isn't an issue. E-mail me a screen shot and I'll see what can be done.
Posted by Jack Bog | July 15, 2008 2:58 PM