Germantown leaders raise debt limit to $100M
“We’re a full-service city,” Alderwoman Sherrie Hickssaid. “We’ve had a school system. So with the increase in the assets, it’s expected that you would increase the amount of debt capacity the community has. It allows us to plan for the future.” (Brad Vest/The Daily Memphian)
Germantown increased its debt limit by $17 million. But the city won’t spend it immediately.
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debt debt capacity Germantown Germantown Board of Mayor and AldermenAbigail Warren
Abigail Warren is an award-winning reporter and covers Collierville and Germantown for The Daily Memphian. She was raised in the Memphis suburbs, attended Westminster Academy and studied journalism at the University of Memphis. She has been with The Daily Memphian since 2018.
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