Ballooning payments for past borrowing could leave future county leaders with little choice but to raise property taxes.
Sounding the Debt Alarm
Knox County borrows money every year to pay for capital projects. Its annual payments will soon top $100 million.
Not Bound by Bonds
Knoxville officials say they’re comfortable with the city’s debt level as they plan to go to the bond market to finance projects.
Division of LIBOR
A settlement from an international banking scandal nets Knox County at least $2.6 million.