City of Mill Valley Staff Report 2026-2028 Two-Year Budget and Financial Management Report 2026-06-15
City Approves $15 Million Measure L Bond Issue
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Description
Mill Valley has authorized $15 million in Measure L revenue bonds, with debt service beginning in FY 2026/27, to finance major infrastructure improvements. Funding is provided exclusively from Measure L revenues.
Contract Details
Contract Amount
$15,000,000 (principal); annual debt service $2,049,881 (FY 2026/27), $1,710,500 (FY 2027/28)
Vendor
2026 MEASURE L REVENUE BONDS
Agency
City of Mill Valley, CA
Contract Type
FINANCIAL_SERVICES
Document Date
June 15, 2026
Contract Term
Debt service begins FY 2026/27; term not specified (likely 20-30 years typical for bonds)
Renewal Info
Long-term bond; refinancing or additional issuance subject to Council approval and market rates.
More from City of Mill Valley
City of Mill Valley Agenda 2026-06-15
City of Mill Valley Staff Report 2026-2028 Two-Year Budget and Financial Management Report 2026-06-15
City of Mill Valley Staff Report 2026-2028 Two-Year Budget and Financial Management Report 2026-06-15
City of Mill Valley Staff Report 2026-2028 Two-Year Budget and Financial Management Report 2026-06-15
City of Mill Valley Staff Report 2026-2028 Two-Year Budget and Financial Management Report 2026-06-15
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