So Commissar Junior Mayor Suttle met with two bond rating agencies on Wednesday and according to the Omaha World-Herald, '"Both agencies indicated that they like the direction the City is headed by being willing to ‘deal with financial difficulties immediately," they quote Suttle as saying.
We're not sure what they have to like considering he hasn't even begun to deal with the $500 million plus underfunding of the city pensions.
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Real Leadership and a great message.
When you have people that make statements like this?
The tax hike also means leaders have a better case in asking bonding agencies like Moody's to restore Omaha's good name when it comes to borrowing money. "It shows that we're fiscally responsible, it shows that we have political resolve to raise taxes even in the face of a recession, so it's a great message to send to the rating agencies when we go there next week," Spaccarotella said.
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