Yesterday, the Courier Journal reported that Louisville is nearing the limit of its borrowing through municipal bonds. Thus, posing a problem for library-tax opponents such as Hal Heiner,

“A major looming issue for city officials is how to fund improvement of the library system, given the failure of the library-tax referendum…

In early November, Louisville Metro Council member Hal Heiner, R-19th, proposed a $25 million bond issue to get library improvements under way. But, after the tax failed, council Democrats and Abramson said the bond issue proposal was premature.”

So, to cut a long story short, we don’t have the tax money for the libraries, we can’t get the bonds, and no one knows exactly what to do.

Well, we could look at Oregon’s recent solution to a similar problem: public libraries for profit. Although I would suggest going one step further than Oregon and propose private libraries for profit; which would inevitably result in converting our libraries into computer labs. (An update I consider already long overdue.)