Local dignitaries gather last October for the groundbreaking ceremony for the new downtown arena. When the city issues bonds worth $280 million to $290 million for its share of the construction costs, its long-term debt will rise.
Local dignitaries gather last October for the groundbreaking ceremony for the new downtown arena. When the city issues bonds worth $280 million to $290 million for its share of the construction costs, its long-term debt will rise. Randall Benton rbenton@sacbee.com
Local dignitaries gather last October for the groundbreaking ceremony for the new downtown arena. When the city issues bonds worth $280 million to $290 million for its share of the construction costs, its long-term debt will rise. Randall Benton rbenton@sacbee.com

Sacramento’s ‘wall of debt’ grows dangerously high

January 26, 2015 04:00 PM

UPDATED January 27, 2015 12:00 AM

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