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Economic Question
In clearing off my desk, I went through some non-urgent mail, which included information about a county bond referendum in the upcoming election.
My normal inclination is to vote for bond referenda for reasonable purposes (parks and schools, for example). But I'm wondering if the current economic situation makes it advisable for the county to incur further debt. Fairfax County still has a AAA bond rating, if that matters.
Does any of the Wall Street chaos have any impact on municipal bonds?
My normal inclination is to vote for bond referenda for reasonable purposes (parks and schools, for example). But I'm wondering if the current economic situation makes it advisable for the county to incur further debt. Fairfax County still has a AAA bond rating, if that matters.
Does any of the Wall Street chaos have any impact on municipal bonds?