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Comptroller presents annual general-obligation bond report and new watch list highlighting delayed components

Citizens General Obligation Bond Oversight Committee · April 25, 2022
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

The Comptroller's City Performance Unit presented the annual GO bond report covering nine active bond programs, flagged schedule delays and added a new watch list of components with significant extensions; the presentation emphasized citywide issues—permitting, regulations, pre-bond planning and deferred maintenance—and offered actionable recommendations.

The Comptroller's City Performance Unit presented its annual general-obligation (GO) bond report to the Citizens General Obligation Bond Oversight Committee, summarizing scope, schedule and budget performance across nine active bond programs and introducing a new watch list that flags components experiencing significant schedule extensions since the last report.

"On April 14, we issued the annual general obligation bond program report," Albert Lin of the Comptroller's City Performance Unit told the committee, noting the report covers a two‑year reporting period ending June 30, 2021. Lin said…

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