When should local governments take on debt?

Flood protection, NAWS, road maintenance and construction, fire stations — these are just a few of the big ticket capital infrastructure projects we in Minot are trying to figure out how to pay for. That invites the question — when should we bond (take on debt) for these things and under what circumstances?

Check out this post featuring a conversation with Strong Towns founder Chuck Mahron on when it makes sense to say yes to increasing the public debt.

This article was sourced from:

Chuck Mahron, Strong Towns

Source

Josh Wolsky

Developer & Writer @TheMinot Voice, Fan of the Souris River, There's a lot to Savor about Minot. Fortunate to be a 'former' City Council member ;)

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