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Council adopts debt management policy setting reporting rules and contingency limits
5882509 · September 3, 2025
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Summary
Council approved a debt management policy that adds quarterly reporting responsibilities for the finance director, authorizes uses of bond interest earnings and sets a $500,000 ceiling for the debt service fund.
The Copperas Cove City Council adopted Resolution No. 2025-21, formalizing revisions to the city debt management policy including new reporting and allocation rules for bond proceeds and interest earnings.
Director of Financial Services Velia Key…
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