Effective business practices and strong fiscal policies put the city in a strong position in many ways, one of which keeps the City in a position to maintain its AAA bond rating. One of the ways the City measures the effectiveness of it's fiscal policies is the ratio of debt service to total general fund expenditures. As long as City remains below the threshold, we know that we can cover our debt and maintain fiscal resilience.
Staff will be looking at other ways to measure the effectiveness of this goal as we go through the process of reviewing and updating all our policies and reporting out on how those policies impact overall operations and strategies.