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Committee agrees with increasing city debt limit as borrowing increases

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[From the Saskatoon Star Phoenix]

Saskatoon's debt is expected to almost triple within six years, and the city's finance committee is in support of increasing the city's debt limit to nearly $1 billion. Read More ...[continued]

Read more of the Star Phoenix's story HERE

SOURCE thestarphoenix.com

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https://saskatoon.lokol.me/s/committee-agrees-with-increasing-city-debt-limit-as-borrowing-increases-76459-10409315
Coun. Zach Jeffries said the city only borrows money when it knows it can pay it back, comparing it to a home mortgage.
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