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Showing results for tags 'municipality'.
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Why does the city -- oops, the Municipality -- or, "The Muni" -- of Anchorage, Alaska, use MUNI.ORG for its domain name? We're not stupid. "Munis" are municipal bonds. "MUNI.ORG" sounds like a non-profit bond rating organization. Anchorage does borrow money and issue bonds: http://www.municipalbonds.com/bonds/issue/033177YZ3/ http://www.municipalbonds.com/bonds/issue/033161XA3/ http://www.municipalbonds.com/bonds/issue/0331616G0/ http://www.municipalbonds.com/bonds/issue/033285SB4/ http://www.municipalbonds.com/bonds/issue/0331614B3/ Aa2 rating from Moody's and all that. Anchorage is not that large a city, but it is issuing bonds as if it were Chicago, Illinois. We're still not stupid. Anchorage City Hall is flaunting its ability to borrow and spend money on the credit of its citizens. General obligation, water, electric, blah, blah, blah, all these departments issue their own debt? It just makes me want to vomit. Alaska is not that populous a state, and not even its largest city is all that large. But we definitely have a Chicago-sized city hall problem.
https://www.adn.com/alaska-news/anchorage/2017/08/19/dozens-of-anchorage-city-executives-got-big-pay-boosts-earlier-this-year/ Dozens of Anchorage city executives got big pay boosts earlier this year http://www.ktuu.com/content/news/Pay-raises-approved-for-AD--AFD-chiefs-439525923.html Pay raises approved for APD & AFD chiefs https://www.adn.com/alaska-news/anchorage/2017/04/25/anchorage-assembly-updates-2017-budget-and-sets-tax-rate/ Anchorage Assembly raises property taxes, updates 2017 budget https://www.usnews.com/news/business/articles/2015/12/09/alaska-governor-proposes-income-tax-to-help-plug-budget-gap Alaska governor proposes first income tax in 35 years amid chronically low oil prices Who the F voted for all these bloody circumcising city hall jackasses?