CONNECT WITH WMAY
Chris Murphy Chris Murphy
12:00pm - 1:00pm
News Feed

Contact Me

My Blog

Infinite Menus, Copyright 2006, OpenCube Inc. All Rights Reserved.
Google
Custom Search
October 23, 2014, 12:54 pm
Breaking News


The Council Roundup

The Council Roundup, Wednesdays at 10 with Bishop On Air

 


Calendar
970 WMAY News

Pinching Pennies Could Lead to Lower Borrowing Costs at Springfield City Hall


Springfield city officials are hoping their penny-pinching pays off in the near future… on the bond market.

 

As the city has stabilized its finances and improved its cash balances, budget director Bill McCarty hopes that will mean an improved outlook from credit rating agencies.

 

McCarty says that in turn could mean lower borrowing costs when the city sells bonds later this year to fund major infrastructure improvements.

 

Nearly halfway through the fiscal year, McCarty says the city remains on pace to post a large surplus, although he says the bottom line could be affected by ongoing contract negotiations with Springfield firefighters.

News Video

On Air Video


Facebook Fans


@WMAYSpringfield
LinkedUpRadio Envisionwise Web Services