Question

In: Accounting

A small local government has decided to borrow money to improve infrastructure by floating bonds or...

A small local government has decided to borrow money to improve infrastructure by floating bonds or levying special assessments on the local community for using the transportation facilities created due to increasing number of city dwellers moving into the town. They work in the city and need to commute to work.

Required: Discuss the implications for the local government’s credit rating and debt limits.

Solutions

Expert Solution

Ans:- A small local government borrow money to improve infrastructure development and provide the facilities in Dwellers.

Assessment on the local community transportation facility ,

A local government think about his productivity means our creativity and money provided sources.

Following points of think about the local government:-

1) A Local government calculate the number of people in the area.

2) A Local government calculate the number of transport vehicles.

3) A local government calculate the local vehicle which carry on people.

4) A Local government calculate the rembersment of our capacity.

5) A local government calculate the our money market and money opportunities may be available for the year.

6) A local government calculate the our locality rules and regulations for the area.

7) A local government calculate the no of bonds if you issued in a market.

How many prizes and no of quality.

8) A local government calculate the our rating for other cities and area.

9) A Local government think all about it and what should we do in this manner should have the our locality people

10) A local government collect service main and provided in a area who the remembrance any activity for the area .

All the facts calculated in the report are provided in such manner after A Local government credit rating and debt limit decided.

Debt limit depends on our reputation and rating. High level reputation and reating that is high level develop in our area.more than money recovery in the area.


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