Lexington council members got into an indepth discussion about borrowing policies this week at city hall. It came during the Budget, Finance, and Economic Development Committee meeting.
Council Member Amanda Mays Bledsoe asked Finance Commissioner Bill O’mara if bonding, or borrowing for infrastructure and capital construction expenses, will virtually always be a part of budgeting.
“You’d have to stop bonding for a while to catch up. I guess is my point. And we’re not going to see that anytime soon. Right?” asked Mays Bledsoe.