The City of New Albany is $1.7 million in the red and the City Controller continues to issue checks to pay bills and salaries.
If your bank account was $500.00 in the red, would the bank allow you to write us a $100.00 check?
Our Council, Mayor and Deputy Mayor should be focusing on ways to get us out of this debt.
Don't forget that the State Street Parking Garage TIF Fund owes our EDIT Fund $3.6 million. If this $3.6 million was repaid to EDIT, those funds could be used for city projects.
This could help relieve the general fund.
