By Adam Pagnucco. In his Friday message to constituents, County Executive Marc Elrich blasted the county council for refusing to borrow more money to fund the capital budget. Is he…
debt
15 Articles
15
4 Min Read
By Adam Pagnucco. Regular readers know I often criticize County Executive Marc Elrich’s performance in office. (No, I am not going to follow that statement with dozens of hyperlinks to…
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Taylor’s Huge Capital Ask, Part Five
4 Min Read
4 Min Read
By Adam Pagnucco. Part One examined Superintendent Thomas Taylor’s rationale for his huge capital budget ask. Part Two quantified huge in historical terms. Part Three looked at the details of…
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Taylor’s Huge Capital Ask, Part Four
5 Min Read
5 Min Read
By Adam Pagnucco. Part One examined Superintendent Thomas Taylor’s rationale for his huge capital budget ask. Part Two quantified huge in historical terms. Part Three looked at the details of…
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Moody’s Downgrades Maryland’s Bond Ratings
3 Min Read
3 Min Read
By Adam Pagnucco. As first reported by Maryland Matters, Moody’s Investors Service, Inc. has downgraded Maryland’s general obligation bond ratings from Aaa, its highest rating, to Aa1. In two separate…
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D.C. Lost its Bond Rating – Who is Next?
5 Min Read
5 Min Read
By Adam Pagnucco. Moody’s Ratings has downgraded the District of Columbia’s bond rating from Aaa (its highest level) to Aa1. The move should inspire fear in state and local government…
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Impact Tax Collapse Damages Capital Budget
3 Min Read
3 Min Read
By Adam Pagnucco. In a budget message sent yesterday, County Executive Marc Elrich is blaming a collapse in impact tax collections for his recommended cut to the Capital Improvements Program…
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Raskin: No More Debt Ceilings
3 Min Read
3 Min Read
By Adam Pagnucco. Congressman Jamie Raskin voted to raise the federal debt ceiling tonight, but he wishes he would never have to do so again. In his statement below, he…
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Should the County Borrow More Money?
4 Min Read
4 Min Read
By Adam Pagnucco. Is debt a bad thing? It might be if you have too much of it. But if you use it to buy necessary things for which you…
3 Min Read
By Adam Pagnucco. For the first time in its history, the Montgomery County Government will be applying for a line of credit. That’s a sign of how seriously county officials…
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