S, COMMENTS, COUNCILMEMBER ALVAREZ?
Alvarez: THANKS, MAYOR. JUST A QUICK QUESTION. IT SEEMS LIKE IN THAT CHART ON PAGE 9 THAT — THAT WE ARE THE MOST OUT OF LINE, SO TO SPEAK. IT WAS ON DEBT PER CAPITA. THE OTHER CATEGORIES SEEM TO BE COMPARABLE TO AT LEAST SOME OF THE OTHER TEXAS CITIES, BUT I DIDN’T SEE ANY OF THE QUOTES, YOU KNOW, FROM THE BOND COMPANIES TALKING NECESSARILY ABOUT DEBT PER CAPITA. MAYBE IT DID, BUT I DIDN’T — I NEED TO READ BETWEEN THE LINES. MAYBE YOU CAN TALK ABOUT HOW THEY VIEW THAT, MAYBE IT RELATES TO SOME OF THE COMMENTS THAT WERE PRESENTED. THE RATING AGENCIES — I’M QUOTING AT LEAST PARTIALLY FROM MEMORY. BUT THEY HAVE FREQUENTLY DESCRIBED OUR DIRECT DEBT PER CAPITA AS MODERATELY HIGH. CERTAINLY IN THE COMPARISON WITH OTHER TEXAS CITIES, BUT THEY HAVE NEVER EXPRESSED CONCERN ABOUT THAT PARTICULAR RATIO AND I THINK ESPECIALLY WHEN YOU COMPARE IT WITH THE OTHER FACTORS THAT THEY LOOK AT, HOW STRONG THE ECONOMY IS, AGAIN OUR DEBT TO ASSESSED VALUE IT IS NOT A PARTICULAR CONCERN TO ME.
S, COMMENTS, COUNCILMEMBER ALVAREZ?