CIP close, but within, debt margin
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CIP close, but within, debt margin

(Oct. 10, 2014) If anything, the city’s Capital Improvement Plan (CIP) is like a Christmas…

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City will be refunding 2004 bond issuance
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City will be refunding 2004 bond issuance

(Feb. 14, 2014) The city will be refunding its 2004 bond issuance with money borrowed…

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S&P ups Ocean City credit score amidst recalibration of ratings
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S&P ups Ocean City credit score amidst recalibration of ratings

(Dec. 6, 2013) City officials were pleased to disclose this week that one of the…

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Petition against performing arts borrowing gets OK from city
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Petition against performing arts borrowing gets OK from city

(Oct. 25, 2013) Launching off the success of the petition earlier this year against further…

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New accounting rules will show more volatility in city pension funds
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New accounting rules will show more volatility in city pension funds

  (Oct. 11, 2013) As was relayed to the Ocean City Council last week, the…

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Bonds to be issued for 10-year term given rising interest rates
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Bonds to be issued for 10-year term given rising interest rates

(Oct. 4, 2013) The City Council this week unanimously approved a recommendation to issue 10-year,…

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New bond payments expected to average $1.3 million per year
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New bond payments expected to average $1.3 million per year

(Sept. 20, 2013) Bonds, debt, bonded indebtedness and the ever-ominous “unfunded liabilities” remain a frequent…

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Retirement funds will get $9.3 million contribution for FY ‘14
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Retirement funds will get $9.3 million contribution for FY ‘14

(Sept. 13, 2013) The Ocean City government’s contribution towards its trust funds for pensions and…

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City coffers boosted $827k by unanticipated FY ‘13 revenues
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City coffers boosted $827k by unanticipated FY ‘13 revenues

(Sept. 13, 2013) City Hall might be rethinking charging waterfront property owners an extra fee…

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City bemoans new pension accounting rules slated for 2014
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City bemoans new pension accounting rules slated for 2014

(Sept. 6, 2013) Although the city’s position remains fairly steady or even slightly improved regarding…

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