Source: The Corydon Democrat

October 10, 2013 | 04:03 PM

Forget the word "borrowing". He is simply stating that the "lifestyle" that we are a custom to cost 2.5 million more a year than we are bringing in, including boat money.
Actually that is not what that fund was originally for, it was to bridge the gap between current spending and reality when/if the riverboat left. If we lost the boat now, it would take a lot of money just to keep us from going bankrupt until we could scale things back to a sustainable level...with property taxes and the 1% income tax as our only major income.