Debt Policy

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The City of Corona Debt Policy and procedures are enacted in an effort to standardize the issuance and management of debt by the City of Corona and its component units. The primary objective is to establish conditions for the use of debt, to minimize the City’s Debt Service requirements and cost of issuance, to retain the highest practical credit rating, to maintain full and complete financial disclosure and reporting, and to maintain financial flexibility for the City. The policies apply to all debt issued by the City and its component units. Regularly updated debt policies and procedures are an important tool to insure the use of the City's resources to meet its commitments, to meet the needs of the citizens of Corona and to maintain sound financial management practices.

CLICK HERE TO VIEW THE CITY OF CORONA'S DEBT POLICY

IRMA Disclosure Certificate

Independent Registered Municipal Advisor (IRMA) Disclosure Certificate

Continuing Disclosure

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Pension Obligations Bonds 

• Annual Report - City of Corona 2021 Taxable Pension Obligation Bonds

Revenue Bonds

• Annual Report - Corona Public Financing Authority 2016 Lease Refunding Revenue Bonds
• Annual Report - Corona Utility Authority 2013 Wastewater Revenue Bonds
• Annual Report - 2023 Water Revenue Refunding Bonds 

Tax Allocation Bonds

• Annual Report - Redevelopment Agency of the City of Corona Temescal Canyon Project Area 2007 Tax Allocation Bonds, Series A
• Annual Report - Redevelopment Agency of the City of Corona Merged Downtown and Amended Project Area "A" 2007 Tax Allocation Bonds, Taxable Series A

Assessment District Bonds

• Annual Report - City of Corona Assessment District 96-1 1999 Series A (Benefit Zones 5, 8 & 9) Limited Obligation Improvement Bonds (Property Secured Only - No Issuer Liability)

Community Facilities District Bonds

• Annual Report - City of Corona Community Facilities District No. 2000-1 (Eagle Glen II) 2020 Special Tax Refunding Bond
• Annual Report - City of Corona Community Facilities District No. 2001-2 (Cresta-Grande) 2020 Special Tax Refunding Bond
• Annual Report - City of Corona Community Facilities District No. 2002-1 (Dos Lagos) 2017 Special Tax Refunding Bonds
• Annual Report - City of Corona Community Facilities District No. 2002-1 (Dos Lagos) 2017 Special Tax Refunding Bonds (Improvement Area No. 1)
• Annual Report - City of Corona Community Facilities District No. 2002-4 (Corona Crossings) 2017 Special Tax Refunding Bonds
• Annual Report - City of Corona Community Facilities District No. 2003-2 (Highlands Collection) 2020 Special Tax Refunding Bond
• Annual Report - City of Corona Community Facilities District No. 2004-1 (Buchanan Street) 2020 Special Tax Refunding Bond
• Annual Report - City of Corona Community Facilities District No. 2016-2 (Terrassa) 2018 Special Tax Bonds
• Annual Report - City of Corona Community Facilities District No. 2017-2 (Valencia/Seville) 2018 Special Tax Bonds
• Annual Report - City of Corona Community Facilities District No. 2018-1 (Bedford) Improvement Area No. 1
• Annual Report - City of Corona Community Facilities District No. 2018-2 (Sierra  Bella), 2022 Special Tax Bonds, Series A