David’s Financial Priorities
The city should operate within its means, minimizing the cost of government wherever possible, and maintaining appropriate operating reserves.
The city should operate within its means, minimizing the cost of government wherever possible, and maintaining appropriate operating reserves.
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.
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.”