It’s true: municipal bonds can help Dallas catch up on long-neglected infrastructure upgrades and repairs, but they can make projects cost more in the long run. (Photo: Luis Tamayo via flickr)

By Ashley Stanley
Special Contributor

City Council members were briefed last week about the Citizens Bond Task Force’s and city staff’s recommendations for an $800 million bond program that will appear on November’s ballot.

Stop what you are doing and ask yourself this question: “Do I know what a municipal bond is?” Allow me a minute or two to explain what they are and how they work in layman’s terms.

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