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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
Expands Gov't • 8.4/10 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)”
RB
Roland Barrera
Councilmember, At-Large Place 1 (At-Large Place 1)
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 EXPANDS_GOVERNMENT (Impact Weight: 8.4/10). 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).