City staff propose rewrites to bond financial policies to focus on credit goals and bond delivery City financial staff proposed replacing fixed debt ratios with a goal to maintain a AAA credit rating, clarifying bond-election timing to require prior programs reach substantial completion (about 90% expended), and adding guidance to size propositions for a predictable six‑year delivery cycle; council members pressed for more implementation details and data.

The city is reshaping its bond financial policies to prioritize a AAA credit rating and enhance program delivery—changes that could redefine how future elections are approached.

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