What are the responsibilities of a bond committee?

The responsibilities of a bond committee are primarily focused on determining the size of the bond program and providing public feedback. This involves assessing the financial needs of a jurisdiction, evaluating the potential bond issuance for funding necessary projects, and ensuring that the proposed size of the bond aligns with community needs and fiscal capacities. The committee plays a crucial role in gathering input from the public, which helps shape the priorities of the bond program and supports transparency in the budgeting process.

By engaging with the public, the bond committee ensures that community priorities are reflected in the bond program, fostering support for future funding initiatives. Their work also involves analyzing project feasibility and community impact, which are essential for making informed decisions about the total amount of bonds to be proposed.

While other options might involve elements related to financial management or community engagement, they do not encapsulate the primary responsibilities unique to a bond committee in the context of public finance and budgeting. For instance, prioritizing small projects and reviewing budgets is typically within the purview of various budgeting or capital improvement committees, not specifically a bond committee. Similarly, conducting public surveys alone does not reflect the comprehensive role of determining bond program size and providing feedback, and preparing tax assessments is a specific function unrelated to the committee's bonding duties.