Bill seeks more details on bond issuances on ballot
By Sara Jerde
The Columbus Dispatch
Ohio’s local governments soon might be required to give voters more information about their bond issuances in an effort to improve transparency, officials said.
A bill introduced by Rep. Kristina Roegner, R-Hudson, would require municipalities, counties and townships to specify additional information on the ballot for general-obligation bonds, including the total amount of outstanding debt, the amount of debt per capita and the amount of debt if the issue passes.
“When it comes to issues like government transparency, this is not a Democratic or Republican issue. This is an issue about increasing government transparency for taxpayers,” Ohio Treasurer Josh Mandel said at a news conference yesterday. He collaborated with Roegner on the bill.
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