Approve debt and financial swap policies for fiscal year 2018-19

Debt PolicyBudget

In Plain English

The city sets annual policies governing how it borrows money and manages financial swap agreements. These policies guide decisions about municipal bonds, loans, and complex financial instruments. Council members want a separate study session to discuss these policies in more detail before final approval.

Auto-generated summary. Source: official agenda documents.

Votes

Adopt Resolution No. 78-18

Moved by: Eduardo MartinezSeconded by: Melvin Willis
Passed

6 to 0

Thomas K. ButtAye
Ben ChoiAye
Eduardo MartinezAye
Jael MyrickAye
Ada RecinosAye
Melvin WillisAye
Jovanka BecklesAbsent