Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

How should Knox County address its mounting public debt?

April 26, 2017address debt knox county mounting public

0

Posted

How should Knox County address its mounting public debt?

1 Answer

0

Posted

Like any individual or business, government must learn to live within its means. Knox County presently budgets about 9% of its expenditures to service the debt and maintains AA bond rating by Standard and Poor’s. Looking to the future, the county must be smarter and more efficient to avoid increasing the public debt and hurting the bond rating.