In March 2015, the city was notified that their bond rating was increased to AA- from A+. A higher bond rating decreases the interest rate to the city and taxpayers when bonds are issued. The rating reflects the strong financial standing of the city that arose from the prudent financial management of David and the council.
David Reminds Council to Follow Plan
In April 2015, the city was presented with two proposals for use of funds that are required to help with housing of the low income in the community. While both projects had merit, David reminded the council that neither met the council’s stated goals of increasing home ownership and quality of owner-occupied homes in Kelso. Ultimately, the majority of the council agreed and decided to hold the funds over for a year, with the hope that someone will come up with a proposal that achieves council goals.
David Gets “Thumbs Up” for Shooting Down Tax Increase
The Daily News gave David a “Thumbs Up” in their June 25, 2011 editorial for taking a stand against considering sending a property tax increase to the voters. David was credited for having “stuck a large knife in the idea” of raising taxes, and for “showing he has a handle on the on the mood of the people he’s representing.”