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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
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An analysis of the holding costs, including the appropriate annual holding cost rate.
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