Sadly, we live in an era of endless government borrowing and local politicos leveraging risky economic schemes in order to cater the whims of developers.
And so . . . The leader of a local municipality deserves credit for calling the cycle of debt . . . Check-it:
Unified Government Mayor/CEO Tyrone Garner held his State of the Government address Tuesday at Memorial Hall, speaking at the rotary club yearend luncheon.
"The economic budgetary health outlook for the Unified Government is not good and reflects a potential negative fund balance in the years of 2026-2028," he said during his speech.
Garner said it won't be long before projected expenses outpace projected revenues, setting things up for a budget in the red.
"It is with great regret that I inform you today of the obvious," he continued at the podium. "That the state of your Unified Government in Wyandotte County and Kansas City, Kansas, is not at its best."
Read more via www.TonysKansasCity.com link . . .
KCK mayor sounds the alarm on Wyandotte County finances
Unified Government Mayor/CEO Tyrone Garner said it won't be long before Wyandotte County's projected expenses outpace projected revenues.
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