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Metropolitan DC Local Politics
Reply to "Why does Montgomery County government still maintain a monopoly on alcohol distribution?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Revenue can be replaced and they had a massive windfall this year because they got voters to revoke the property tax cap. The real reason is that they prefer MCGEO to whatever union would represent private sector warehouse workers and drivers. [/quote] I understand the problem in your lack of understanding is because you don’t understand how bonds work.[/quote] They can retire that debt, refinance it, or a combination. [/quote] Which which money?[/quote] The county has a $6.3 billion operating budget this year, which was a $300 million increase over last year. The idea that bonds have bound us to ABS is nonsense, but I can see why an executive who likes the current arrangement (and MCGEO) would try to use debit issuance as a poison pill to try to kill reform. [/quote]
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