Public and Environmental Affairs | Seminar in Public Capital and Dept Theory
V667 | 9124 | Johnson


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.