TITLE

Waterbury, Conn., Finance Director Presents Plan to Erase Budget Deficit

AUTHOR(S)
Peacock, Wayne
PUB. DATE
January 2001
SOURCE
Bond Buyer;01/24/2001, Vol. 335 Issue 31063, p3
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
Reports on Waterbury, Connecticut, finance director Richard Russo's presentation of a three-year plan to pay off the city's budget deficit by seeking a short-term 43-million-dollar loan to pay for expenditures in March and April 2001 and another 43-million-dollar loan in May. Waterbury's issuance of 19.6 million dollars in revenue anticipation notes in 2000; Ratings analysts' assessment of the plan.
ACCESSION #
4030180

 

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