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Joint Exercise of Powers Agency (JPA)

• 1.2.3 Scope of Debt Limit – When Does the Debt Limit Apply?
• 1.3.2 Joint Powers Authorities
  Debt issued by a joint powers authority is not subject to the Constitutional debt limit.
• 3.6.4 Joint Powers Agency or Authority (JPA) Bonds and Other Issuances
  Due to the extensive bond issuance authority afforded JPAs under government code, JPAs are a common vehicle for issuing bonds that are backed by either a lease or installment sale agreement.
• 3.7.7 Pool Bonds
  Pool bonds are bonds issued to purchase the underlying bonds issued by pool members. TRANS are an example of a pool bond.
• 3.8 Joint Exercise of Powers Agencies
  A joint exercise of powers agency or authority (JPA) is a separate governmental entity formed by two or more governmental entities.

JPA bonds

• Joint Powers Authority
• 1.3.2 Joint Powers Authorities
  Debt issued by a joint powers authority is not subject to the Constitutional debt limit.
• 3.6.4 Joint Powers Agency or Authority (JPA) Bonds and Other Issuances
  Due to the extensive bond issuance authority afforded JPAs under government code, JPAs are a common vehicle for issuing bonds that are backed by either a lease or installment sale agreement.
• 7.1.5 Marks-Roos Reports (See “financing leases,” “installment sale agreements” and “revenue bonds”)