CouncilTrac · Matter
What this is
The council will review and discuss the city's plan to issue Series 2024 debt obligations. No vote is taken at this stage; it is a briefing and discussion only.
Why it matters
New debt issuance affects the city's long-term financial obligations and can influence future tax rates and service funding.
Timeline
- July 10, 2026 Agenda posted — January 22, 2024 meeting
Appearances on agendas
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City Council — January 22, 2024
Review and discuss; no vote
Official agenda language
REVIEW AND DISCUSS THE SALE OF SERIES 2024 DEBT OBLIGATIONS
Documents
Related matters
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Discussion: Second quarter financial report for FY 2025-2026 budget
Council will review the city's financial performance through the second quarter of the current fiscal year (FY 2025-2026).
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Discussion: 2026 general obligation bond and certificates of obligation sale
Council will review and discuss the upcoming sale of 2026 general obligation bonds and certificates of obligation, which are used to fund previously approved capital projects.
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Review the city's 2024–2025 Annual Comprehensive Financial Report
Staff will present the Annual Comprehensive Financial Report (ACFR) for fiscal year 2024–2025, giving the council and public a detailed look at the city's financial condition over the past year.
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Review bond and charter election communication plan
Council will review the city's plan for communicating with the public about an upcoming bond and charter election.
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Approve notice of intention to issue certificates of obligation
Council will consider a resolution authorizing publication of the legally required public notice that the city intends to issue certificates of obligation, a form of debt financing.