Fitch Affirms Taylor, MI's LTGOs at 'BB'; Outlook Negative

May 13, 2013 | Posted by: roboblogger | Full story: Business Wire

The Downtown Development Authority TIFA and Brownfield Development Authority bonds are secured by relevant tax increment revenues collected within the development area.

Comments

Showing posts 1 - 3 of3
kev

Mishawaka, IN

|
Report Abuse
|
Judge it!
|
#1
May 14, 2013
 
Couldn't there be a state audit done in Taylor and other cities and wayne county in general ?.recommendations could be given on how to cut costs.this isn't rocket science. Local government needs to trim fat as other industries have
Pete

Livonia, MI

|
Report Abuse
|
Judge it!
|
#2
May 14, 2013
 
kev wrote:
Couldn't there be a state audit done in Taylor and other cities and wayne county in general ?.recommendations could be given on how to cut costs.this isn't rocket science. Local government needs to trim fat as other industries have
The Fitch report is fairly comprehensive. It points out where the shortcomings are and why. The required actions are almost self-evident without some new guru to wave a wand.

PS. You don't want a rocket science approach. Rocket folks are notorious for spending extra money and blowing things up. Well, blowing things up might help sometimes.
kev

Detroit, MI

|
Report Abuse
|
Judge it!
|
#3
May 14, 2013
 
Who says an auditor is a magical person with a wand. An auditor could give them comprehensive details on cost effective ways to avoid long term deficit. Of course painful cuts would be enacted but the end result could be positive .

Tell me when this thread is updated: (Registration is not required)

Add to my Tracker Send me an email

Showing posts 1 - 3 of3
Type in your comments below
Name
(appears on your post)
Comments
Characters left: 4000
Type the numbers you see in the image on the right:

Please note by clicking on "Post Comment" you acknowledge that you have read the Terms of Service and the comment you are posting is in compliance with such terms. Be polite. Inappropriate posts may be removed by the moderator. Send us your feedback.

Other Recent Woodhaven Discussions

Search the Woodhaven Forum:
Topic Updated Last By Comments
drunk driving victim on Sibley Road 20 hr Laura Maxey 1
Prepare for the Taylor Experience Sun Kevin 1
Review: Paramount Motors (Jun '12) Jul 15 Victim of Scam 3
Review: DR. Kashif Qureshi Jul 14 Shannon 1
Court Docket: Officer's corruption trial put on... Jul 8 kevin 4
2-2011 Toll Processing Outlook Jul 7 kevin 3
MI Who do you support for Secretary of State in Mi... (Oct '10) Jul 7 maeball 169
•••

Air Quality Alert for Wayne County was issued at July 22 at 6:40AM EDT

•••
•••
•••
•••

Woodhaven Jobs

•••
Enter and win $5000
•••
•••

Woodhaven People Search

Addresses and phone numbers for FREE

•••

Woodhaven News, Events & Info

Click for news, events and info in Woodhaven
•••

Personal Finance

Mortgages [ See current mortgage rates ]
•••