Causes Alabama to have a significantly higher borrowing cost in the bond market
Jefferson Countys credit rating of Default will remain for years to come
Puts Alabama and every municipality in the state at a disadvantage when recruiting new industry
Places the fate of Jefferson County citizens and ratepayers in the hands of a federal judge
Doesn't resolve the county's debt
More than $1 million per month in legal fees going forward
Economic decline will lower property values across the county and state resulting in diminished budgets and discontinued services
Ability of issuing new bond debt for school construction, road projects, etc. will be non-existent for years to come in Jefferson County
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