News release from AWARE Simcoe -; COLDWATER ON, JULY 24, 2010 –Incumbent Simcoe County councillors have been spending like there’s no tomorrow – leaving a legacy of crushing debt in a period of projected declining revenues.
In addition, a projected downgrading of the County’s current AA credit rating status to single A will lead to increased borrowing costs.
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Additionally, they are quite proud of having spent over $30 million in “non-mandiated” funding.