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University Place councilor says city has largely paid down credit-line debt; most to be cleared next budget cycle
Summary
Council Member Steve Worthington said University Place used about 90% of its credit line when he joined the council and that the city has worked to reduce that debt, with all but a small fraction expected to be paid off in the next budget cycle.
City Council Member Steve Worthington said he and city leaders have substantially reduced University Place’s use of its line of credit and expect to pay off nearly all remaining debt in the next budget cycle.
Worthington, speaking during remarks to the City of University Place, said the city had used “about 90%” of its credit line when he first joined the council more than a decade ago and that…
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