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Finance committee approves updated City of Green Bay debt policy
Summary
The Green Bay Finance Committee voted unanimously June 3 to approve updates to the city's debt policy, largely modernizing language from the 2013 policy and clarifying use of proceeds, refunding language and spending timelines; staff will follow up on a member's question about refunds before the full council meeting.
On June 3, 2025, the Green Bay Finance Committee voted unanimously to approve an updated City of Green Bay debt policy and forward it to the Common Council for consideration.
The update modernizes a 2013 policy and incorporates reviews by the city's bond counsel, Foley & Lardner, and municipal advisers Ehlers. Committee members and staff said the revisions are primarily language and instrument clarifications rather than substantive changes to policy…
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