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Commission hears update on Bond Election Advisory Task Force; finance suggests $760 million top line for 2026
Summary
Members discussed a Bond Election Advisory Task Force update and finance department projections that the city's authorized-but-unissued bonds could support a bond election in 2026, with staff recommending a top line near $760 million as a placeholder for planning.
Commission members received an update on the Bond Election Advisory Task Force (BEATF) and early sizing work for a possible 2026 bond election.
Commissioner Charles Curry and others described recent finance presentations to the task force showing that, based on current projections of authorized-but-unissued bonds and projected spend-down, the earliest fiscally consistent timing for a new bond election is 2026 rather than 2024. Commissioners discussed the role of the city's financial policy — which staff said rating agencies…
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