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Missoula City Councilwoman Gwen Jones: Good use of debt drives capital improvements needed for Missoula’s growth

July 24, 2021 /

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Bear Paw Development Corporation is a private non-profit organization created for the purpose of administering programs to help improve regional economic conditions in Hill, Blaine, Liberty, Chouteau and Phillips Counties and the Fort Belknap and Rocky Boy's Indian Reservations.

Jones: Good use of debt drives capital improvements needed for Missoula’s growth

A recent guest editorial in the Missoula Current correctly stated that the City of Missoula’s debt increased from $49.8 million in 2006 to $216.4 million at the end of fiscal year 2020. But no other detail was provided to explain what that debt was for and how it affects our residents. The City’s increase in debt is not the result of irresponsible spending but, instead, it represents sound investments in the future.

Gwen Jones is vice president of the Missoula City Council and chair of the Council’s Administration & Finance Committee.

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