The Bond Issue is a big concern for many Syracuse residents. How are we going to fix our roads?

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Debt payments by Syracuse City make up 18.3% of our non capital expenditures! That’s $1.3+ million in payments EVERY YEAR until 2020!

If we bond again (which is the equivalent of your or I getting another credit card because our others are all maxed out)  that number will be much higher!

The city reported in their FY2012 Budget that 67% (65-66% without the COLA) of our General fund budget goes to pay for wages and benefits, down from 76% 2 years ago.

With the debt payments and the wages and benefits, there seems little left to be spread around to all of the other needs the city has.

What can we do to fix our roads? Read more here: http://syracuseutahnews.blogspot.com/2011/10/bond-issue-is-big-concern-for-many.html

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