Debt Management

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Debt Policy

The City of Corona Debt Policy and procedures are enacted in an effort to standardize the issuance and management of debt by the City of Corona and its component units. The primary objective is to establish conditions for the use of debt, to minimize the City’s Debt Service requirements and cost of issuance, to retain the highest practical credit rating, to maintain full and complete financial disclosure and reporting, and to maintain financial flexibility for the City. The policies apply to all debt issued by the City and its component units. Regularly updated debt policies and procedures are an important tool to insure the use of the City's resources to meet its commitments, to meet the needs of the citizens of Corona and to maintain sound financial management practices.

CLICK HERE TO VIEW THE CITY OF CORONA'S DEBT POLICY

 

Continuing Disclosure

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Tax Allocation Bonds

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Community Facilities District Bonds