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.
Table of Contents
STATE AND LOCAL DEBT MANAGEMENT
South Carolina V. Baker
Preserving the Federal-State-Local Partnership: The Role of Tax-Exempt Financing, Anthony Commission on Public Finance
Municipal Debt Finance: Implications of Tax Exempt Municipal Bonds, Peter Fortune
The Role of Federal Taxation in the Supply of Municipal Bonds: Evidence from Municipal Governments, Gilbert E. Metcalf
Do Tax-Exempt Bonds Really Subsidize Municipal Capital?, Roger H. Gordon and Gilbert E. Metcalf
Nothing is Certain but Debt and Taxes: The Conditional Irrelevance of Municipal Capital Structure, G. Marc Choate and Fred Thompson
Public Authorities and Government Debt: Practices and Issues, Jerry Mitchell
BUDGETING FOR CAPITAL ASSETS
Risk Assessment in Government Capital Budgeting, Gerald J. Miller
Capital Investment Strategy, Gerald J. Miller
Strategic Planning and Capital Budgeting: A Primer, Arie Halachmi and Jerry A. Gianakis
State Capital Budgeting: The Case of New Jersey Under Thomas Kean, William H. Eldridge
FORMULATING DEBT POLICY
State and Local Debt Policy and Management, James R. Ramsey and Merl Hackbart
Developing Formal Debt Policies, Richard Larkin and James Joseph
Understanding and Forecasting Condition or Ability to Repay Debt: Report of the Capital Debt Affordability Committee on Recommended Debt Authorizations for Fiscal Year 1993, Capital Debt Affordability Committee, State of Maryland
City Debt Policy: Policy Options Analysis for Debt Service, Capital Program, and Bond Schedule, City of Dallas Department of Budget and Management Services
Intergovernmental Cooperation Produces a Comprehensive Debt Management Program in Saint Paul, Minnesota, Gary Norstem, Greg Blees, and Eugene Schiller
NEW ISSUE FINANCING
The Pay-As-You-Go Concept in Municipal Financing, Bernard Smith
State Practices for Financing Capital Projects, Unites States General Accounting Office
Stability and Turnover in S



