Spencer Cox

@SpencerJCox ↗

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Last Checked Dec. 31, 2022

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Tue Dec 20 20:22:51 +0000 2022

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Spencer Cox @SpencerJCox

For FY 24, we’re proposing to continue paying off debt with another $557M(!) for debt payments. Lower debt helps us remain as one of the few states with a AAA credit rating—saving taxpayers millions over the years in lower interest rates. https://t.co/uh7EXXqsE1 — PolitiTweet.org

Posted Dec. 20, 2022

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Spencer Cox @SpencerJCox

We start by paying off debt. Last year we replaced $294M in unissued authorized bonds for transportation projects and paid down $250M in future prison bond payments. This freed up $40M, creating ongoing funding with one-time money. We now have some the lowest debt in generations! https://t.co/EFaB9zxz1L — PolitiTweet.org

Posted Dec. 20, 2022

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Spencer Cox @SpencerJCox

We also believe in saving and have consistently built up our rainy day funds since the last economic downturn — even during the COVID-19 pandemic. For FY 23, we’ll have a historic $1.4B in rainy day reserves, enabling us to respond to any type of emergency. We are prepared. https://t.co/DiSNLObRh4 — PolitiTweet.org

Posted Dec. 20, 2022