Thursday, August 27, 2009

Thinking prudently | Daily Chronicle

And where is Boone County—not thinking at all?

The [DeKalb] county board is considering making DeKalb County a “recovery zone,” another program of the stimulus package that would bring $15 million in a different kind of low-interest bonds to the county.

Taxpayers are understandably hesitant to embrace borrowing by local governments. In appearances alone, spending millions during a recession is a tough case to make. But it could also be the financially prudent thing to do, and for that reason local governments should strongly consider using these programs

Click on the following for the entire editorial:  Thinking prudently | Daily Chronicle

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