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Kennedale staff outlines two debt scenarios to finance FY26 capital program
Summary
City Manager John Horton presented preliminary financing scenarios at Kennedale’s June 2 budget workshop, saying the city’s financial adviser had modeled two options to help pay for a slate of capital projects.
City Manager John Horton presented preliminary financing scenarios at Kennedale’s June 2 budget workshop, saying the city’s financial adviser had modeled two options to help pay for a slate of capital projects presented by departments.
Horton said one option would be a single bond issuance in the $8–9 million range in FY26; an alternative would split borrowing into two issues — roughly $5 million in one year and $6 million the…
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