The Debt Management Policy was revised to include provisions for the Sewer Fund on 12/13/2023.
The Council revised CC-107 the Debt. Management Policy in December of 2023. This changed the General Fund provisions to allow for projects to exceed the debt service limits if they are partially or completely funded by grants. The provisions for the Sewer Fund were added in 2023. The City remains in compliance with this policy for all funds.
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Title: Revise the Debt Management Policy to include provisions for the Sewer Fund no later than the first quarter of 2024.
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Title: Ensure the City’s debt load stays within the policy established by the CC for the General, Solid Waste, Water and Sewer Funds
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