Mt. Lebanon Approves Debt Policy

Commissioners in Mt. Lebanon have approved a policy for the municipality that seeks to establish a framework guiding debt management.

The policy puts in writing what the municipality has been doing, or supposed to be doing, all along. To strategically use the municipality's credit to fund projects to meet the community's highest priority capital needs, manage the credit to maintain the highest possible credit rating, and maintain balance between debt service and its impact on the operating budget.

Link: www.tinyurl.com/ymogrm