city hall watchOfficial GuideSource 07/29/2026 · TNT 08/10/2026

General obligation bonds

City Bond Issuance Process

Official sourcealexandriava.gov ↗ official release

Curated byThe Neighbor Times

Last checkedAug 9, 2026

Information is for general purposes only — verify details with the official agency before taking action. Read the original ↗

📖 Guide — how to

Overview of the City's AAA/Aaa bond rating history and the step-by-step process for issuing general obligation bonds.

Summary translated to 15 languages · no full mirror

Steps

☐ 2. City staff prepares financial and informational sections of the Official Statement.

☐ 3. Staff determines the bond amount needed for the Approved Capital Improvement Program.

☐ 4. City attorneys review the statement and add legal details regarding validity.

☐ 5. The Official Statement is submitted to rating agencies for review.

☐ 6. The bond docket is submitted to City Council for two public readings and passage.

☐ 7. Bonds are offered for sale once approved by the City Council.

All facts verified against official source quotes · general info, verify with the official agency

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