What should a Bond Committee focus on when determining the size of the bond program?

When determining the size of a bond program, the Bond Committee should focus on identifying potential projects. This is essential because the bond program is typically designed to finance specific capital projects that align with the community's needs and priorities. By clearly identifying which projects require funding—such as infrastructure improvements, public facilities, or other essential developments—the committee can establish a scope for the bond issuance that accurately reflects the financial requirements of these initiatives.

Understanding the specific projects helps inform the total amount of bonds needed, ensuring that the funding aligns with actual costs and project timelines. This focus on identifying potential projects guarantees that the bond program is relevant, justified, and beneficial to the community, which is critical for gaining public support and successfully implementing the funding strategy.

While current public opinions, historical budget data, and past community meetings can provide valuable context and insights on priorities and sentiments, they do not directly provide the necessary framework for determining the size of the bond program. The core task at hand is to align financial needs with tangible projects that the bond will support, making the identification of potential projects the central focus for the committee.