Let’s get the title reference out of the way, click here for the YouTube where an Arizona resident reminds us that, sometimes, reality hits you hard, bro. The realities that hit you hard in this matter are convoluted but not complex. Aggressive Council Moves The City of Glendale City Council voted 5-2 to negate an […]
Moody’s Upgrade NOT Related to Arena Deal
A June 15 article from Mike Sunnucks in the Phoenix Business Journal entitled “Glendale gets credit rating love after canceling $225M Arizona Coyotes contract” is actually false. If the Phoenix Business Journal, somehow, became interested in factual headlines, they would change it to: “Glendale gets ratings love BEFORE canceling $225M Arizona Coyotes contract” But, they won’t. Moody’s […]
Glendale Budget – Inter-Fund Loan Balance Disappears
The Glendale City Council approved the upcoming budget with a 5-2 vote. It’s a “balanced budget”, soon to be flashed around like a badge of honor in upcoming re-election bids by at least two of the people that voted for it. The major component of the current budget strategy involved removing, from the liability side, $39M of loans made […]