Government pays its debts – that’s news!
Three cheers to the Ogle County Board for paying off its Judicial Center debt 10 years ahead of time, thus saving taxpayers $2.7 million in interest.
When dog bites man, that’s not news; when man bites dog, that’s news – at least, according to the old saying.
A modern twist might be: When the government goes into debt, that’s not news. When the government pays off its debt, that’s news.
At a debt retirement ceremony at last month’s meeting, Ogle County Board officials recognized that sentiment.
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