Ordinance 2026-00583

Staff Report & Agenda Item Details

Ordinance 2026-00583 ORDINANCE approving a Supplemental Borrowing evidenced by City of Houston, Texas Tax and Revenue Anticipation Notes, Series 2026A to provide for payment of current expenses of the City for a portion of the Fiscal Year beginning July 1, 2026 and ending June 30, 2027; providing for the payment of the principal of and interest on such Notes; authorizing the procedure for determining the terms and conditions of such Notes; authorizing the execution of a Note Purchase Agreement; making other findings and provisi ons related to such Notes and matters incident thereto; and declaring an emergency. AGENDA - JULY 8, 2026 - PAGE 4 ORDINANCES - cont’d

This motion is scored as RESTRAINS_GOVERNMENT (Impact Weight: 7.3/10). 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.