Lubbock City Council Meeting Today On Budget, Increased Debt [VIDEO]
Tuesday on The Chad Hasty Show, Hasty talked about an article in the Lubbock Avalanche Journal, covering the upcoming Lubbock City Council public work session planning the city's budget.
The goal of the session is to separate the city's needs versus wants, and to plan for financing of the city's growing debt. As it now stands, Lubbock's budget would increase city debt by 7 percent, with a total principle increase of about $76.9 million in fiscal year 2016-2017. The city's total debt, including interest, would be approximately $1.75 billion.
About the increase, Hasty said,
Didn't just about everybody running for City Council say we gotta lower the debt? Like debt was one of the, if not the number one issue, it was top three.
The third public work session on the city budget takes place today, August 09, 2016, at City Hall beginning at 4:00 p.m.
Listen to the entire show segment in the video above.
The Chad Hasty Show airs weekday mornings live, from 8:30 AM to 11:00 AM and Saturdays 2 PM to 4 PM on News/Talk 790 KFYO, online at KFYO.com, and on the free RadioPup app. Follow Chad on Twitter via @ChadHastyRadio & KFYO Radio at @KFYO!
The opinions expressed in this article belong solely to the show host and are not representative of the opinions of Townsquare Media Lubbock, its advertisers or affiliates.