County and Municipal Government in North Carolina, Second Edition, 2014 (eBook)
Financing Capital Projects
County and Municipal Government in North Carolina
Introduction / 353
Current Revenues / 354
Savings / 354
Fund Balance / 354
Capital Reserve Funds / 355
Special Levies / 356
Special Assessments / 357
Traditional Special Assessment Method / 357
Newer Assessment Method / 358
Special Taxing Districts / 359
County and Municipal Service Districts / 359
Additional Special Taxing Districts / 360
Impact Fees / 360
Borrowing Money / 360
Security / 361
Entities Involved / 361
Bond Counsel / 361
Financial Advisor / 362
Underwriter / 362
Rating Agencies / 362
Local Government Commission / 362
Joint Legislative Committee on Local Government / 363
Types of Authorized Debt / 363
General Obligation Bonds / 363
Revenue Bonds / 365
Special Obligation Bonds / 366
Project Development Financings / 366
Bond Anticipation Notes / 368
Installment Financings / 368
Conclusion / 371
About the Author / 371