DALLAS - Officials in Moore, Okla., say the fiscal 1993 budget can be balanced only if the city restructures its public works debt with a financing plan that has split the city council.

Moore City Manager Jay Newton said the city next week expects to advertise for competitive bids on a $29 million taxable revenue bond issue to be sold by the Moore Public Works Authority, a city-created trust.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.