i.4.2 Key Decisions Public Agencies Must Make when Selecting the Appropriate Debt Option

i.4.2 Key Decisions Public Agencies Must Make when Selecting the Appropriate Debt Option

When selecting an appropriate debt option, public agencies must make many decisions, including those described in the sections below. These decisions focus on the resources (or lack thereof) of the public agency, as well as the risks a public agency may or may not be comfortable assuming. This list of decisions is not intended to be prescriptive and the order is not always sequential. In fact, certain decisions may overlap or be interdependent with other decisions.