SUBJECT:
Title
Discussion on Debt Options
Department
DEPARTMENT: Finance
Presenter
PRESENTER(S): Sara Hancock, Finance Director
Jason Simmons, Senior Managing Director, Hilltop Securities
end
Time
TIME ESTIMATE: 60 minutes
end
For time estimate: please put 0 for Consent items.
Fiscal
FISCAL SUMMARY:
Cost as Recommended: N/A
Policy
POLICY ISSUES:
Education and consideration of debt issues available to the Town of Erie.
Recommendation
Body
SUMMARY/KEY POINTS:
• Council requested information on debt issuance, debt and bond issues, as well as election considerations.
• The Town contracts with Hilltop Securities for advice and guidance through debt issuance. They are in attendance today to discuss options and answer questions from Council.
• This session will provide broad information on future debt issues and possible ballot options.
priorities
TOWN COUNCIL PRIORITY(S) ADDRESSED:
☒ Attractive Community Amenities
☐ Engaged and Diverse Community
☒ Prosperous Economy
☐ Well-Maintained Transportation Infrastructure
☐ Small Town Feel
☐ Safe and Healthy Community
☒ Effective Governance
☐ Environmentally Sustainable
☒ Fiscally Responsible
attachments
ATTACHMENT(S):
1. Presentation