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Item #56 · Regular City Council Meeting

Council adopts $0 General Bond Debt Reserve Fund budget for FY2018

the Mayor with a request to discharge from Committee · Dec 12, 2017
Budget & Finance

Sets aside reserves from bond funds to cover future debt obligations and protect the city's credit rating. Ensures funds are available for emergencies or planned repayment of existing bonds.

Funding source: Bond Action type: Ordinance

We couldn't match a specific vote to this item in the minutes. View full minutes ↗

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Council adopts bond debt reserve fund budget for FY 2018

The city sets aside reserves from bond proceeds to cover future debt obligations and protect against financial emergencies. This budget ensures the city can meet its bond commitments without disrupting core services.

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