They did pledge sales tax revenue to back the bonds. So if UTOPIA cannot
make its debt service the sales tax will fill in. I wonder if that has
happened yet.
-Original Message-
From: Ken Hohhof
Sent: Saturday, April 27, 2024 2:13 PM
To: af@af.afmug.com
Subject: Re: [AFMUG] Govt fund
If they default, yes.
They are in the tens of millions deficit each year. I wonder where they get
the money for the shortfall.
-Original Message-
From: fiber...@mail.com
Sent: Saturday, April 27, 2024 10:33 AM
To: af@af.afmug.com
Subject: [AFMUG] ***SPAM*** Re: ***SPAM*** Re: ***SPAM