Frequently Asked Questions
Our Frequently Asked Questions page is designed to provide you with quick answers to some of the most common inquiries we receive. If you can't find what you're looking for, please don't hesitate to contact us directly for further assistance.
What is the total of the proposed bond sale?
When will the bonds be sold?
The bonds will be sold in two separate sales. The first sale is proposed for February 2024 and will total $50,000,000. The second sale is proposed for February 2027 and will total $59,100,000.
Will there be an increase in taxes?
There will be no increase in the I&S tax rate.
What is the I&S tax rate?
The Interest & Sinking (I&S) tax rate is the tax rate within the total tax rate required to pay the city’s debt.