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EDITORIAL: Ballots, Taxes, and Debts, Part Two
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Pagosa Daily Post News Events & Video for Pagosa Springs Colorado
And because debt incurs interest payments, the PAWSD repayment costs from current debts might be closer to $90 million?
According to a study by Reason.org, our country’s state and local government debt totaled about $6.1 trillion in 2023.
Much of this state and local debt — maybe 35% — consists of unfunded employee pensions.
We might get an answer to that question this November, if the Archuleta School District (ASD) decides to place a $122 million bond issue on the ballot.
To compare the survey size (278) to the community’s voting population, 9,489 Archuleta County voters cast ballots in 2024.