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The Stink of JeffCo Sewage

Posted by Danny, on October 15th, 2008, at 4:21 pm

I have been out of the saddle here for longer than I like, and there is a lot of news to catch up on.

Seal of Jefferson County, AlabamaIf you have not been keeping with the Jefferson County sewer fiasco with the potential for what would be the largest municipal bankruptcy in the nation’s history, get a good overview with this story today from Fortune magazine at cnnmoney.com.

From the end of the article (should I offer a spoiler alert?): “…here’s the bottom line: $190 million a year in gross sewer revenues chasing $460 million a year in debt service. The numbers don’t add up.”

Category: Local Politics, National Issues

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Back in the Day...

Dexter Avenue in Montgomery, 1950s

Vintage postcard