In what is often considered something of a preview to the annual State of the City address, South Bend Mayor Pete Buttigieg offered his assessment of the city’s finances Monday night.
In his address to the South Bend Common Council, he says the city is performing well and is in “relatively good” financial health.
“The big message is that South Bend is fiscally healthy. That double ‘A’ bond rating is something only a few cities in Indiana have and that takes a lot of hard work to get there. We are keeping costs under control, we are not growing our head count and we are tightening our belts every way we can, but there is still going to be a squeeze coming into 2020,” Buttigieg told ABC 57.
He does note that there will be some choices that need to be made soon regarding the South Shore Line re-routing and infrastructure that will impact the city’s finances.
Mayor Buttigieg’s State of the City address will take place on Tuesday, March 13 at 6 p.m. at John Adams High School Auditorium.