Municipal debt known as general obligation bonds

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1. What is special about municipal debt known as General Obligation bonds (GO)?

It has the full-faith and credit of the government agency.

The Commission has the authority to tax the citizens with a majority vote. - Vote to citizens

It can benefit a private entity that wants to do business in the City. – used for city capital

It can be used for any purpose.– Must be a public purpose.

3. What type is quick inexpensive, uses past data, increases by amount, dollars and percent of growth?

Extrapolations

Deterministic

Multiple Regression

Econometric

3. What type of bond structure would you recommend to secure funds to construct a Police Station?

Capital Improvement Revenue bonds – not full-faith and credit

Maturity in 20 years

Serial tax exempt bonds with level debt service

All of the above

Reference no: EM132254363

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