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General Obligation Bonds (2025)

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On September 8th, 2025, the City-County Council passed General Resolutions 10, 17 & 18, 2025, which authorized the financing of (I) a new fire station for Station No. 33, (II) the acquisition, construction, installation and equipping of certain snow trucks, paving and line striping equipment, and (III) the acquisition, construction, installation and equipping of certain tornado sirens. The projects were afforded by additional capacity within the current debt levy rate, due to assessed value growth in the county.

In November 2025, the Bond Bank issued $20,275,000 in tax-exempt bonds for the Consolidated City, the Public Safety Communication District, and the Metropolitan Thoroughfare District. Moody’s assigned the Bonds a rating of Aaa with a stable outlook and affirmed the City’s underlying Aaa rating.

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