Public And Environmental Affairs | Seminar in Public Capital and Debt Theory
V667 | 8881 | Johnson
3 cr. hrs.
P or C: SPEA V560.
This seminar examines the options open to governments, especially
state and local, and why they resort to debt finance. The issues
raised by the alternatives are examined in detail. Among the topics
are public authority debt, revenue bonds, methods of placement, lease-
purchase finance, and maturity choice. In addition, management of
idle cash balances will be considered.