What document must be included as part of a bond ordinance regarding existing obligations?

The correct answer is the Supplemental Debt Statement. This document is crucial because it provides a detailed account of the municipality's outstanding debt obligations and any new debt that will be incurred due to the bond ordinance. The Supplemental Debt Statement is specifically designed to accompany bond ordinances and offers transparency to the governing body and the public, ensuring that anyone assessing the municipality's financial commitments and obligations is aware of the current and proposed level of indebtedness.

The inclusion of this statement helps in fulfilling statutory requirements and aids in informed decision-making surrounding fiscal matters. It provides updated financial information that reflects any additional liabilities that the bond issuance will create, thus allowing stakeholders to understand the full financial implications of the ordinance being proposed.

In contrast, the Estoppel Statement is generally related to the legal enforceability of a bond and not directly associated with the specifics of existing obligations in the manner required for bond ordinances. The Debt Statement typically references existing obligations but does not account for new obligations tied to the specific bond issuance as comprehensively as the Supplemental Debt Statement does. Lastly, the Capital Budget Amendment pertains to budgetary adjustments and is not solely focused on the obligations brought forth by a bond ordinance.