Buy Pyridium Online Without Prescription » Online Pharmacy

By Sarah Hale on Apr 8, 2013 in Featured, Lincoln County, News

The Lincoln County Commissioners have drafted a letter to Wyomings Congressional Delegation in opposition to federal initiatives that might eliminate or limit the tax-exempt status of municipal bonds.

The action took place during the March 19 meeting of the Lincoln County Commissioners. Municipal bonds are the countys most important source of financing for vital infrastructure, the letter states. In fact, 75 percent of all national infrastructure projects are completed using bond financing. Every state, [and] by virtue nearly every county, benefits from low cost borrowing to fund critical infrastructure. That funding invests in schools, roads, water and sewer systems, airports and hospitals among many others.

The Lincoln County Commissioners listen to Governor Matt Mead in a meeting last month. (Independent Photo)

According to information provided by Lincoln County, eliminating the tax-exempt status of municipal bonds was first entertained by The National Commission on Fiscal Responsibility and Reform.

The proposal continues to see life in other forms in deficit reduction talks, the letter states. Deficit reduction efforts have already resulted in cuts in aid to local governments from the states and reduced funding in federal programs that benefit counties. Now counties face the additional risk of not having low-cost, market driven means of financing to support local needs. Without the tax-exemption, the effectiveness of the bond market would be significantly dampened, creating higher borrowing costs for county governments, less investment in infrastructure and fewer jobs. The Lincoln County Commissioners concluded their letter asking the Wyoming Congressional Delegation to protect bonds to save infrastructure and jobs in Wyoming.

Go here to read the rest:
Buy Pyridium Online Without Prescription » Online Pharmacy