Birmingham's debt reduced by $100 million; lowest since 1999 - ABC 33/40 - Birmingham News, Weather, Sports

Birmingham's debt problems is getting some relief.   The debt is reduced by 100 million dollars. In turn, it increases the city's debt capacity.  It's the lowest debt ratio since 1999.  In a statement, Birmingham mayor, William Bell, says "During a time of financial recession, the city has been able to not only maintain fiscal responsibility, but also reduce its debt putting us in a position of moving capital projects forward in the city via the bond referendum."