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What is the amount of expenditures that the city report

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Question - The City of Matlock issues $20,000,000 face value of general obligation bonds for $19,900,000. The bonds will be used for the construction of new streets and sidewalks to make downtown more walkable. The City incurred $8,000 in bond issue costs. What is the amount of expenditures that the City report in its Capital Projects Fund?

Reference no: EM133129643

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