Civic Issues
Topics getting the most attention in Marana public meetings, ranked by how frequently they are discussed.
3 issues in taxes budget with low priority
Trust reserve fund investment returns
The trust's reserve investments earned a steady 3.67% this year — about $28,000 for dental (roughly one month of dental premiums) and $123,000 for medical. Staff don't expect returns to fall soon, though markets can change.
Dental premium holidays possible
The dental plan is beating budget with an $8,000 surplus and strong reserves, which is why the board approved a premium holiday for employees. Next year's dental increase could stay near zero.
ERCOT bond yields trading at tight spreads over Treasuries
ERCOT's subchapter N and M bonds are trading 62 to 113 basis points over US Treasuries, which the CFO called a big market endorsement of the bonds' safety. That tight spread means cheaper borrowing costs.