05_PlanImplementation_FUNDING Flashcards
Which agencies could provide federal assistance for workers affected by a BRAC?
-Office of Economic Adjustment
- Dept of Labor
-Economic Development Administration
-Federal Aviation Administration
What is an enterprise fund?
an account that manages the revenues and expenditures of a self-sufficient activity (e.g. minor league baseball park, parking garage or zoo).
What is a Revenue Bond?
backed by income from specific projects, such as a toll bridge or a stadium
Municipal bonds can be classified as what two types?
-revenue bonds
-general obligation bonds
What is a General Obligation Bonds?
-backed by the general tax revenues
-generally considered safe investments.
What is the General Services Administration?
Works to dispose of excess federal property.
(In most cases this land can be transferred for a public purpose).
What is Tax Increment Financing (TIF)?
-used to finance public improvements through the increase in tax value on the surrounding property
-best used in blighted areas that have the potential for an increased tax base
Which pieces of information do you need to calculate a capitalization rate for a new baseball stadium?
Net operating income and purchase price
What is a cost-revenue analysis based upon?
set of economic assumptions for:
-sources of revenue
-expected expenditures
What is the annual rate of interest paid on a bond that a borrower pays to the bondholder?
coupon rate
(rate of interest for bonds, notes, and other securities)
Which federal housing program would provide funds to create mixed income townhouse developments to replace undesirable public housing?
HOPE VI
{blank} are municipal bonds that can be used to finance **income-producing **projects. The bonds are secured by a specified {blank}.
Revenue bonds; revenue source
An {blank} fund is an account established to manage the revenues and expenditures of a self-sufficient activity such as a golf course, zoo, parking garage, minor league baseball park etc.
enterprise
-Neighbors have lobbied the city to introduce street lights into the neighborhood.
-Residents are agreeable to paying for the street lights.
-You recommend to the city council that they implement what?
special assessment district
(-Street lights will have a fixed cost for installation
-Can be assessed to property owners over a period of time.
-Property owners would pay this special assessment as part of their property tax bill.)
