ACTION 3.1.1

Maintain the City’s Debt. Management Plan

In Progress

Key Performance Indicators

Revise the Debt Management Policy to include provisions for the Sewer Fund no later than the first quarter of 2024.
Completed
Description


Current Status

The Debt Management Policy was revised to include provisions for the Sewer Fund on 12/13/2023.

Timeline: 2024
Due Date: Dec 13, 2023
Responsible: City Manager City Council Finance
Ensure the City’s debt load stays within the policy established by the CC for the General, Solid Waste, Water and Sewer Funds
In Progress
Description


Current Status

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.

Timeline: 2025, 2026, 2027
Due Date: N/A
Responsible: City Manager City Council Finance
KPI Details
KPI Details