About General Obligation Bonds

General Obligation (GO) Bonds are an important source of funding for basic capital improvements (bricks and mortar) that our growing community requires to thrive.

General Obligation Bonds are typically best suited for projects that benefit the general public but generate little or no revenue to pay debt service.

 The City typically uses GO Bonds for initiatives including:

  • Parks and recreation facilities and improvements
  • Public facilities such as fire stations, police stations, libraries, senior centers
  • Infrastructure improvements such as roads, sidewalks, trails, and drainage facilities
  • Other projects with strong local support