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4. • Public Hearing & Introductory OrdinanceCity of Laredo (Webb County)
Public Hearing and Introductory Ordinance of the City of Laredo, Texas, amending the City of Laredo’s FY 2026 annual budget by appropriating revenues and expenditures in the estimated amount of $202,507.00 in the Downtown TIRZ #1 2021B Certificate of Obligation Bond. The interest earnings being appropriated are for the arbitrage liability payment due to the U.S. Treasury. Funding is available in the Downtown TIRZ#1 2021 Certificate of Obligation Bond.
Presented in: City of Laredo City Council on 2026-08-03
Official Roll-Call Vote
Expands Gov't • 8.9/10 Impact Weight
PASSED (6 - 0)
“Motion to close and introduce and bring back on the following City Council meeting.”
Staff Report & Agenda Item Details
Motion to close and introduce and bring back on the following City Council meeting.
Bastiat Liberty & Property Rights Analysis
This motion is scored as EXPANDS_GOVERNMENT (Impact Weight: 8.9/10). 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).