i.2 Decide Whether Debt Financing Is Appropriate For Your Agency

i.2 Decide Whether Debt Financings Is Appropriate For Your Agency

A decision to issue debt to finance capital facilities should be part of a process that ensures that the type of debt issued aligns with the agency’s program and financial goals. This process entails three decisions:

1. What is the right source of funding? (Section i.2.1)
2. What is the right source of financing? (Section i.2.2)
3. Can the municipal market help the public agency meet its capital financing needs? (Section i.2.3)