Why did you recommend that this was a possibility, and do you think it's a good idea? And if so, why?

So, Pa and I had a discussion about what we could do to try to alleviate future levy needs.

So, that came from that discussion, first and foremost.

So, both of these bonds are levy-supported bonds, so not every bond that the city has.

is paid for from the tax levy.

You have other bonds that are paid from other revenue sources.

I would suggest that we frame this discussion in levy dollars in particular, so things that you would spend levy dollars on and these obligations that are levy supported.

Nick, will you explain the 105% thing?