alt Hacker NewsAgain, they have $1B in the current deficit. The have $1B in outstanding bonds. They have myriad other outstanding obligations that won't show up on the balance sheet for 20+ years.
Strong Towns wrote an entire piece on this: https://www.strongtowns.org/journal/2025-10-27-ground-zero-l...
Okay, but relative to their resources, that's nothing. So they can just pay for those things. It's like worrying about a water heater replacement when you make well into six figures. At a macro level, it is obvious that the suburban model itself is not somehow financially unsustainable.
The city budget is $14B. So they need to make a ~7% adjustment somehow, which amounts to less than a 1% tweak to the local economy. That's not a broken system. It's not a ponzi scheme. It just means they should pay their bills and maybe reduce some waste. You yourself said it's trivial for residents to afford to just pay for the deficit.