A platform for research: civil engineering, architecture and urbanism
A platform for research: civil engineering, architecture and urbanism
Funding improvements with debt capital and revenues
A municipal water utility about to engage in a major construction program necessitating a bond sale and forcing an increase in water rates should plan to fund all capital expenditures with a combination of bond proceeds and revenues. The optimum combination of funds Is related to interest rates, duration of construction, and debt service coverage. The greater the impositions of the bond market, the greater are the advantages of combination funding.
Funding improvements with debt capital and revenues
A municipal water utility about to engage in a major construction program necessitating a bond sale and forcing an increase in water rates should plan to fund all capital expenditures with a combination of bond proceeds and revenues. The optimum combination of funds Is related to interest rates, duration of construction, and debt service coverage. The greater the impositions of the bond market, the greater are the advantages of combination funding.
Funding improvements with debt capital and revenues
Marshall, W.N. (author)
Journal ‐ American Water Works Association ; 74 ; 456-459
1982-09-01
4 pages
Article (Journal)
Electronic Resource
English
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