The City of Wheat Ridge utilizes several municipal bond programs to fund major capital improvements, infrastructure modernization, and strategic redevelopment activities. As the City continues to manage long‑term financial obligations associated with these bond issuances, it is important for City Council to have a clear and current understanding of each program’s purpose, funding structure, revenue source, and projected payoff timeline. This memo provides an overview of the City’s municipal bond portfolio, including voter‑approved bonds and tax‑increment‑financed (TIF) urban renewal bonds. In addition, Piper Sandler, the City’s bond underwriter, will provide an update of the current bond market.