We (the city) certainly are still solvent, and we have a positive cash flow, but it's your choice to make.

Builders live on cash flow. If you were to stop their cash flow coming in for a period of 90 days, they stand to lose houses, cars and businesses.

It makes our operations show that there's a big surplus when you don't have a big surplus.

It contains most of the revenues and most of the expenses for government actions.

In past years, you have (chosen not to) increase the rates or not to increase them (as much as proposed through the formula).

The margin is less than what it was, but you do not have an imminent problem of meeting your obligations.