Council reviews LTGO refunding, investment policy change and refinancing of balloon payments totaling about $6.66 million Staff briefed measures to refinance upcoming debt maturities, increase internal loan cap in the investment policy from 15% to 20%, and refinance a group of balloon payments totaling $6,661,000 tied to prior capital projects.

Spokane's finance team is tackling $6.66 million in balloon payments and proposing bold changes to the city's investment policy—could this reshape our financial future?

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