Politics from the Palouse to Puget Sound

Friday, January 18, 2008

Is a Six to One Return a Good Investment?

That's what the Whitman County Commissioners are considering during public comments on the Corridor infrastucture bond. The estimated tax revenue from the Hawkins project is $2 million dollars per year. The bond loan is $10 million dollars. The bond will have a repayment lifetime of 30 years. $2 million X 30 years = $60 million minus the initial $10 million investment is a net return of $50 million.

No comments: