Steve Sisolak Unknowingly Admits Clark County Can't Handle Bond Debt Coverage Ratio Of 2 But 1.8 Is
Steve Sisolak Unknowingly Admits Clark County Can't Handle Bond Debt Coverage Ratio Of 2 But 1.8 Is - Video
Steve Sisolak Unknowingly Admits Clark County Can't Handle Bond Debt Coverage Ratio Of 2 - 1.8 Is Max Steve Sisolak just stuck his foot in his mouth. The stadium bond debt coverage ratio that the SNTIC recommends is 1.5 - Sisolak says that Clark County has a bond debt coverage ratio capability of 1.8. Not 2. That means that with an industry standard debt coverage ratio of 2 a $750 million bond issue and public subsidy is not doable. Wow Steve. Wow.
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Steve Sisolak Unknowingly Admits Clark County Can't Handle Bond Debt Coverage Ratio Of 2 - 1.8 Is Max Steve Sisolak just stuck his foot in his mouth. The stadium bond debt coverage ratio that the SNTIC recommends is 1.5 - Sisolak says that Clark County has a bond debt coverage ratio capability of 1.8. Not 2. That means that with an industry standard debt coverage ratio of 2 a $750 million bond issue and public subsidy is not doable. Wow Steve. Wow.
via IFTTT http://youtu.be/ecllaPqAz0s
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