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Author: Kori Donaldson Publisher: ISBN: Category : Capital budget Languages : en Pages : 2
Book Description
In lieu of issuing bonds, or using another form of long-term debt, the state often uses a form of lease-purchase agreement called certificates of participation (COPs) to finance the construction of its new facilities. A certificate refers to an investor's proportionate interest in the state's lease payments. COPs give the state the flexibility to build capital facilities even when funds are not available to pay for projects on a pay-as-you-go basis.
Author: Kori Donaldson Publisher: ISBN: Category : Capital budget Languages : en Pages : 2
Book Description
In lieu of issuing bonds, or using another form of long-term debt, the state often uses a form of lease-purchase agreement called certificates of participation (COPs) to finance the construction of its new facilities. A certificate refers to an investor's proportionate interest in the state's lease payments. COPs give the state the flexibility to build capital facilities even when funds are not available to pay for projects on a pay-as-you-go basis.
Author: Gerald J. Miller Publisher: Routledge ISBN: 1351564633 Category : Political Science Languages : en Pages : 992
Book Description
Examining various methods of debt management used in the US., Handbook of Debt Management, provides a comprehensive analysis of securities offered for sale by municipalities, states, and the federal government. The book covers laws regarding municipal bonds, the economic choice between debt and taxes and the tax-exempt status of municipal bond owners, capital budgeting, including state and local government practices, developing governmental and intergovernmental debt policies, pay-as-you-go with debt financing for capital projects, US Internal Revenue Service regulations on arbitrage in state and local government debt proceeds investment, US treasury auctions, and more.
Author: Kori Donaldson
Author: Kori Donaldson
Author: Illinois. Bureau of the Budget
Author: Gerald J. Miller
Author: Lori Johnson (Foreign-Service officer)
Author: 
Author: 
Author: Illinois. Bureau of the Budget
Author: South Dakota State University. Cooperative Extension Service
Author: United States. Congress. House
Author: Library of Congress