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In the case of LUSFiber, part of the process included voting on a bond issue. It passed, and the build began. The effort has been successful enough to create a
by MikeNomad 11y ago
In the case of LUSFiber, part of the process included voting on a bond issue. It passed, and the build began. The effort has been successful enough to create a profit, which has been put back into the build, allowing them to reach more homes and businesses than originally planned, pay the bond off early, etc. (Source: Talking to a half-dozen of their business and residential customers in April, 2015).
LUSFiber is, lacking a better term, solvent.
Which cash strapped municipalities using public funds are you referring to?