CHICAGO — Kansas City, Mo., voters overwhelmingly approved a $500 million sewer bond referendum that will allow the city to keep rate hikes in check as it completes projects under a $2.5 billion federal consent decree.

The city plans to exhaust its previous sewer bonding authority in a deal this fall that may also tap the new authorization. It also is eyeing an airport refunding.

Subscribe Now

Independent and authoritative analysis and perspective for the bond buying industry.

14-Day Free Trial

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