EPISODE · Apr 22, 2026 · 9 MIN
Debt without consent: The misuse of certificates of obligation
from High Plains Pundit Podcast · host HP Pundit
In recent years, local governments have increasingly turned to certificates of obligation (COs) as a mechanism for funding public projects. While COs can be a legitimate tool for municipalities to finance urgent needs without a public vote, there is a growing concern that some local governments are misusing them, creating long-term financial risks for taxpayers and undermining public trust.Become a supporter of this podcast: https://www.spreaker.com/podcast/high-plains-pundit-podcast--6912578/support.
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Debt without consent: The misuse of certificates of obligation
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