The City Is Broke … Or Is It?

By Josh Resnek 

The mayor announced with some fanfare at a meeting last week that reports the city is broke are “garbage” distributed by the city’s real and only perceived but unnamed adversary, the Leader Herald.

‘The city is not broke,” the mayor said to his colleagues in government last week.

This statement followed several weeks of mayoral posturing about the city’s financial condition in the wake of a spate of reports in the Leader Herald that all might not be well with the city’s finances.

Since Wynn Resorts began making in lieu of tax payments, the mayor has repeatedly touted the city’s solid financials, reports apparently backed up and certified by his Chief Financial officer Eric Demas.

However, during an interview given to the Independent and published last week, all is not what it might appear to be.

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