The city will issue nearly $50 million worth of debt in 2019, according to a Jan. 28 presentation made by staff. Roughly $17 million will be used on the issuance of general obligation bonds, or voter-approved costs related to maintenance of municipal buildings, improvement of streets and sidewalks, and upkeep of parks and recreation facilities. The remaining $32 million will be used to issue certificates of obligation, or debt incurred on short-term expenses that does not require voter approval. Certificates of obligation will be used to pay for fire and solid waste equipment as well as water and sewer infrastructure improvements, according to city documents. Once this debt has been issued, Director of Finance Keith Dagen said the city will have $28 million of the $115 million bond package approved by voters in 2015 left to sell over the next two years. The next bond election is expected to be called in 2021. Council members are scheduled to pass an ordinance that approves the sale of the bonds and certificates March 25. For a breakdown of the city's debt issuance plan, visit this link.