The city of Renton is considering a parks bond to better invest in the future of Renton’s parks.

At Renton’s Aug. 4 committee of the whole meeting, Government Affairs Manager Eric Perry said a parks bond will invest in the city’s park system, meet the changing community needs and build a foundation for the future of Renton. He said there are two options to pursue a parks bond:

• A Limited Tax General Obligation Bond, which is councilmanic and cannot provide additional revenue to fund debt service payments.

• An Unlimited Tax General Obligation Bond, which is voter-approved issuance of a bond and levy to cover debt services.

The parks department competes with the general fund with other important needs across the city and doesn’t have large-scale and consistent grant programs available

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