Wednesday, June 12, 2013
Smyrna Property Tax Hike Linked to Excessive Bond Debt.... Debt Service is "Slightly" Mentioned. Rutherford Residents Need to Stand Up to Bad Spending of Taxpayer Money. Ask About NISSAN's 3.95 BILLION in IDB Debt and the Other 2 Billion in Future IDB DEBT...The Collateral for the 1.4 Billion NISSAN Got to Make the Leaf and Creat 1300 Jobs is Backed By a RUTHERFORD Conty IDB Bond.. Agains it's 2 Billion. Ask Sam Stockard... He Told Me ABout NISSAN's 3.95 BILLION.....
"...When excluding capital projects and debt service, the proposed budget to cover operations is $29.8 million, which is about the same as this fiscal year and a decrease from the $30.7 million spent in the 2010-11 budget year..."