Certificates of Obligation
Summary
Amarillo's city council is looking at using certificates of obligation to pay for essential city services. This is a way for the city to borrow money to keep things running smoothly.
At a glance
- Total mentions
- 2
- Last 30 days
- 0
Last discussed Feb 10, 2026.
Impact analysis
The proposed CO would increase the city's debt and potentially lead to higher taxes or fees for residents.
The proponents of the CO believe it will fund necessary infrastructure and public projects.
Taxpayers, particularly those with limited incomes, are concerned about increased financial burdens.
Mentions & discussions (4)
Amarillo City Council approves debt for firetrucks, water projects but delays $30M certificate
Amarillo City Council approves debt for firetrucks, water projects but delays $30M certificate NewsChannel 10
Amarillo Hospital District Board of Managers - Feb 10, 2026
Several residents expressed strong opposition to a proposed $30 million Certificate of Obligation (CO), citing concerns about taxpayer burden, existing infrastructure needs, and the use of COs for non-emergency purposes.
City Council (Regular) - Feb 10, 2026
The proposed $30 million certificate of obligation drew criticism from residents concerned about increased taxpayer burden, lack of transparency, and the need for better budget management and prioritization of funds.
Amarillo City Council discusses certificates of obligation for department funding
Amarillo City Council discusses certificates of obligation for department funding NewsChannel 10
We'll email you when it's on an upcoming agenda and when it's voted on, at most once a day.
The weekly brief for Amarillo
What the council decided, in plain English — one email a week.
Free. Unsubscribe with one click any time. We never sell your email.