as of June, 30 2008:
$562,827,364 + $584,713,000 = $1,147,540,364
Guilford County + City of Greensboro debt
authorized for November, 2008’s election:
$676,930,000 + $205,000,000 = $881,930,000
Proportion of debt on November 2008’s ballot to 2008 Total Debt:
$881,930,000 / $1,147,540,364 = 77% of outstanding debt
…avoiding…the accumulation of debt,
not only by shunning occasions of expense,
but by vigorous exertions in time of peace to discharge the debts,
which unavoidable wars may have occasioned,
not ungenerously throwing upon posterity the burthen,
which we ourselves ought to bear.
George Washington
not only by shunning occasions of expense,
but by vigorous exertions in time of peace to discharge the debts,
which unavoidable wars may have occasioned,
not ungenerously throwing upon posterity the burthen,
which we ourselves ought to bear.
George Washington
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