Back to Docket Search
17. • Regular AgendaCity of Corpus Christi (Nueces County)
Discussion and possible action to direct the City Manager to provide an update on the recent communication regarding the City's revised credit rating outlook to "negative" for General Obligation (G/O) bonds from Fitch Ratings, as well as potential ratings
Presented in: City of Corpus Christi City Council - April 14, 2026 on 2026-04-14
Official Roll-Call Vote
Restrains Gov't • 8.5/10 Impact Weight
PASSED (1 - 0)
“Motion to approve Item #17.: Discussion and possible action to direct the City Manager to provide an update on the recent communication regarding the City's revised credit rating outlook to "negative" for General Obligation (G/O)”
PG
Paulette Guajardo
Mayor (At-Large)
YES
Staff Report & Agenda Item Details
Discussion and possible action to direct the City Manager to provide an update on the recent communication regarding the City's revised credit rating outlook to "negative" for General Obligation (G/O) bonds from Fitch Ratings, as well as potential ratings from Moody's and S&P rating agencies.
Bastiat Liberty & Property Rights Analysis
This motion is scored as RESTRAINS_GOVERNMENT (Impact Weight: 8.5/10). Under the Bastiat Liberty Watchdog Index, voting YES on measures that cap or reduce ad valorem tax burdens, expand taxpayer exemptions, retire debt early, enforce competitive bidding caps, or remove regulatory/zoning barriers to private property rights earns a positive Pro-Liberty score.