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General Obligation Bonds <br />Revenue Bonds <br />6 <br />Require voter approval <br />Backed by issuer’s creditworthiness & ability to levy taxes <br />Subject to the City’s debt limit <br />The City currently does not have G.O. debt <br />Voter approval not required <br />Supported by specific revenue source (e.g., lease or sewer revenue) <br />Not subject to the City’s debt limit