File #: 25-1296    Version: 1
Type: Staff Report Status: Passed
File created: 7/15/2025 In control: City Council
On agenda: 7/21/2025 Final action: 7/21/2025
Title: Consideration and action on approving the proposed Plan of Finance, as presented by the City's Financial Advisor, Estrada Hinojosa. The plan includes the issuance of various debt instruments, including Certificates of Obligation, Tax Notes, and Public Property Finance Contractual Obligations, to support funding for municipal projects and equipment.

SUBJECT

title

Consideration and action on approving the proposed Plan of Finance, as presented by the City’s Financial Advisor, Estrada Hinojosa. The plan includes the issuance of various debt instruments, including Certificates of Obligation, Tax Notes, and Public Property Finance Contractual Obligations, to support funding for municipal projects and equipment.

 

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PREVIOUS COUNCIL ACTION

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BACKGROUND

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COMMITTEE RECOMMENDATION

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STAFF RECOMMENDATION

recommendation

Staff recommends the approval of the Plan of Finance.

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Fiscal Impact

 

Fiscal Year:                                                                                                          2025

Budgeted Y/N?:                                                                                    N/A

Source of Funds:                                                                                     N/A

Account #:                                                                                                          N/A

Change Order: Exceeds 25% Y/N:                      N/A

 

FINANCIAL IMPACT:

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