Consideration and Action on an ordinance authorizing the issuance and sale of the City of Saginaw, Texas General Obligation Bonds, Series 2022; levying an annual ad valorem tax and providing for the security for and payment of said bonds; approving the official statement; providing an effective date; and provisions relating to the subject (Ordinance No. 2022-06)

Staff Report & Agenda Item Details

Consideration and Action on an ordinance authorizing the issuance and sale of the City of Saginaw, Texas General Obligation Bonds, Series 2022; levying an annual ad valorem tax and providing for the security for and payment of said bonds; approving the official statement; providing an effective date; and provisions relating to the subject (Ordinance No. 2022-06) (Presenter: Kim Quin, Finance Director)

This motion is scored as EXPANDS_GOVERNMENT (Impact Weight: 8.4/10). Under the Bastiat Liberty Watchdog Index, measures that increase tax rates or fee schedules, issue new debt or Certificates of Obligation, expand regulatory/zoning restrictions on private land use, or authorize unbudgeted spending expansions reduce an official's Freedom Score when voted YES (and reward dissenting NO votes).