This website is best viewed in a browser that supports web standards.

Skip to content or, if you would rather, Skip to navigation.

KXCV-KRNW


News Brief

Aug. 9, 2011ST. JOSEPH, MO |  By: Wayman

Local Downgrade Impact

The city manager of our region's largest city says he's not worried yet about the S and P downgrade of US debt.

Economists theorize the action could make it harder for governments to issue bonds for projects. St. Joseph city manager Bruce Woody says the federal downgrade right now is too far removed from the local level.

WarningAudio clip: Adobe Flash Player (version 9 or above) is required to play this audio clip. Download the latest version here. You also need to have JavaScript enabled in your browser.

Download .mp3

But Woody adds that's not to say the downgrade may not effect our communities in the future.

WarningAudio clip: Adobe Flash Player (version 9 or above) is required to play this audio clip. Download the latest version here. You also need to have JavaScript enabled in your browser.

Download .mp3

Woody adds the city of St. Joseph's S and P bond rating is at "A Plus" status and doesn't anticipate that changing in the near future.