So this past Mon. at CityCouncil, LarryBoy's 'co-chair' of the "citizen"group pushing the "INFRASTRUCTURE!!" tax claimed the use of this tax 'reduces the city's long-term bond debt'....



REALITY?
from the CAFR "For the Year Ended December 31,2006"
general fund balance was $29,714,629
longterm bond debt was $148,149,882,OK?

And for 2009....
general fund stood at $22,006,223(that's -$6.7mill.)
and longterm bond debt stood at $201,771,748(increase of about $52million!!!!!!)

As they say,how's that working out for you??????????