The City of Denver wants to go even further into debt.
This November, the city will be asking voters to approve a $1 billion debt package.
Most people know that when you go into debt, you end up paying a lot more in the long run.
Denver voters might be on the hook for another $500 to $900 million in bond repayment if the ballot measure passes.
Jason Bailey, a long-time business owner and Denver resident has put together an organization called “Citizens for No New Debt.”
Jason’s leading the fight for Denver taxpayers and for the financial sustainability of the city.
In this video, Jason explains what’s at stake this November, why the debt package is a bad idea, and why voters should vote no on the debt ballot measure.
Links from Video:
Citizens for No New Debt Website: https://citizensfornonewdebt.org
Their Facebook page: https://www.facebook.com/CitizensforNOnewdebt/
Their YouTube Channel: https://www.youtube.com/channel/UCi3fedQN1kwK0TnvUZmADrQ
GUEST COLUMN | Denver beware: There’s nothing vibrant about debt: https://denvergazette.com/opinion/columns/guest-column-denver-beware-there-s-nothing-vibrant-about-debt/article_965a7eb0-c1ce-5e31-851b-dbe795547f93.html
Denver Elections Website: https://www.denvergov.org/Government/Agencies-Departments-Offices/Agencies-Departments-Offices-Directory/Denver-Clerk-and-Recorder/Elections-Division/Upcoming-Elections
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