The city has $ 37.6 billion of general obligation debt outstanding as of March 31. (danieldromm.com)
The state's agreement to pay off Hartford's $ 550 million in general obligation debt has prompted a dramatic upgrade in the city's bond rating and a shift to a stable outlook. (courant.com)
They were already at their maximum level of what they could expect given assumed growth in the property tax base, so what could they do if they wanted to issue more general obligation debt without raising the tax rate? (alephblog.com)