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Council reviews bond-referral options and budget impacts; staff outlines tax-rate scenarios and maintenance obligations
Summary
City staff presented the bond committee's recommendations and an analysis showing the tax-rate impact of several bond sizes. Council directed staff to refine options and asked for clearer breakdowns of maintenance (M&O) obligations tied to proposed projects.
City administration presented an overview Jan. 28 of the bond-referral committee’s recommendations and the estimated tax-rate impacts of alternative bond packages. The committee’s work pooled requests across public safety, infrastructure, health and parks; staff then adjusted and prioritized those items for council consideration ahead of a bond-referral workshop.
Staff said the committee’s initial submissions totaled about $533.5 million across categories; city administration recommended a reduced package totaling…
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