Ordinance 2026-0582

Staff Report & Agenda Item Details

Ordinance 2026-0582 ORDINANCE authorizing the issuance of one or more Series of City of Houston, Texas Tax and Revenue Anticipation Notes, Series 2026 to provide for the payment of the current expenses of the City for the Fiscal Year beginning July 1, 2026 and ending June 30, 2027; prescribing the Terms and Form thereof and authorizing the Finance Working Group to determine certain terms and conditions relating thereto; providing for the payment of the principal thereof and interest thereon; approving and authorizing the distribution of a Preliminary Official Statement, and Official Notice OF Sale to be used in connection with the sale of the Notes; authorizing the Preparation and Distribution of an Official Statement; authorizing the Execution and Delivery of a Paying Agent/Registrar Agreement; and making other findings and provisions relating to such Notes and matters incident thereto; and declaring

This motion is scored as EXPANDS_GOVERNMENT (Impact Weight: 7.1/10). 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).