Amarillo's city council is looking at using certificates of obligation to pay for essential city services. This is a way for the city to borrow money to keep things running smoothly.
At a glance
Declining — being discussed less frequently. 0 mentions in the last 30 days, 2 the 90 before that.
The proposed CO would increase the city's debt and potentially lead to higher taxes or fees for residents.
The proponents of the CO believe it will fund necessary infrastructure and public projects.
Taxpayers, particularly those with limited incomes, are concerned about increased financial burdens.
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