On Tuesday October 25, 2016 the Calaveras Supervisors will refinance another $8 million in loans. The current Supervisors can't stop spending our money!! Also, the county government center land is the backing for these loans.
These are cleverly hidden as Certificates of Participation (COP's) so the public won't notice. Why are we so in debt???? Stop spending!! It costs $319,000 just for the issuance of these loans! What are they thinking???
2 comments:
What! Are they betting on marijuana taxes coming in? I agree they need to stop spending and we need new supervisors.
DO REMEMBER MERITA CALLAWAY WAS IN OFFICE WHEN THIS EIGHT MILLION ACCRUED.
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