Viewpoints: Letters / Opinions
Collateral for City Loans
By Ralph Marcello
July 09, 2014
Wednesday AM
There is one major error in the letter concerning the City's collateral for their loans. The collateral IS NOT the private real estate and personal property of the citizens of Ketchikan. The collateral is the TAXES collected, both current and future, from real estate and personal property assessments.
Ralph Marcello
Sacramento, CA
About: "Auditors of Municipalities, Nonprofits, Special Districts, and government consultants."
Received July 08, 2014
- Published July 09, 2014
Related Viewpoint:
 RE: Behind the scenes of City Government By Douglas J. Thompson
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