The Baldwin County Commission has received the Government Finance Officers Association’s Distinguished Budget Presentation Award, clearing proficiency standards in all four categories and 14 mandatory criteria.
Tag: public finance
Coverage of public finance from South Alabama News, the local news source for Mobile, Baldwin and the surrounding counties of the Alabama Gulf Coast.
Local News
Mobile’s $18.5 Million Hole: Every Option on the Table, and None of Them Painless
Facing an $18.5 million shortfall, Mobile officials weighed pay cuts, a sales tax increase, a garbage collection fee and layoffs. Each carried a political price nobody wanted to pay.
Baldwin County
Jefferson County’s Debt Crisis Threatened to Poison the Well for Every Alabama Borrower
As Alabama’s largest county lurched toward what would be the biggest public bankruptcy in U.S. history, financial professionals warned that bond insurers had begun blacklisting the entire state, Mobile included.
Baldwin County
A Retired Union Leader Entered the Treasurer’s Race — With One Condition
Don Langham said he would run for Mobile County treasurer as a Democrat unless party officials allowed a troubled congressional candidate to qualify, a caveat that revealed the party’s anxieties.
Local News
He Wanted the Job So He Could Eliminate It: A Candidate Runs to Abolish the County Treasurer’s Office
The chairman of the Mobile County Democratic Party announced a run for county treasurer on a pledge to shut the office down within two years, calling the post an expensive relic of another era.
Axis
County Turns to New Bond Counsel for $70 Million ThyssenKrupp Incentive Issue
Mobile County tapped Matt McDonald and Brian Cash of Miller Hamilton to handle a $70 million bond issue tied to incentives for the $3.7 billion ThyssenKrupp steel plant in north Mobile County.