BISBEE — When the city decided to take out bonds to pay down the Public Safety Personnel Retirement System debt last year, it created a problem as the $21 million from the bond sale caused the city to exceed its 2022 alternative expenditure limit by $14 million.

As explained by City Attorney Joe Estes, the city’s Home Rule Option did not allow for the exemption of these types of long-term debt expenditures, even though such exemptions are allowed under the state Constitution.

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