Summary
The city is selling bonds to fund the capital projects already adopted in this year's budget — roads, facilities and other infrastructure — while protecting its Triple-A credit ratings.
At a glance
- Total mentions
- 3
- Last 30 days
- 1
Discussed at 1 meeting in the last 60 days; most recently Oct 7, 2026.
Impact analysis
About $35 million in new borrowing for capital projects, repaid through the city's debt service over time.
Residents who will use the funded roads, facilities and other capital improvements.
Mentions & discussions (3)
City Council Meeting Agendas (Regular) - Oct 7, 2026
Mayor Duman gave an extended explanation of the city's AAA bond rating from all three agencies, saying it saves taxpayers an estimated $30-60 million in debt service over 20 years and enabled a modest tax rate reduction last year.
City Council Meeting Agendas (Regular) - Jul 15, 2026
The city is selling bonds to fund the capital projects already adopted in this year's budget — roads, facilities and other infrastructure — while protecting its Triple-A credit ratings.
City Council Work Sessions (Work) - Jun 3, 2026
The city plans to borrow about $35 million this summer for capital projects, part of a roughly $175 million five-year borrowing program, and to refinance about $37.5 million in old water and sewer debt for at least $1.1 million in savings. The city's triple-A credit rating keeps borrowing costs low — a direct taxpayer benefit.
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