Suchergebnisse

Providing a comprehensive examination of viable strategic management practices applicable to governmental and nongovernmental organizations, this volume includes techniques to identify and improve organizations processes and manage the change that accompanies implementation

Municipal bonds traditionally have been classified into two general types: term bonds, paid off in a lump sum at the end of the term of the loan, and serial bonds, retired in annual installments. Beginning in the late 1970s, however, a number of new fiscal instruments have been devised to meet the changing needs of the municipal bond market. While these new financing techniques are not a panacea, their careful application may uncover some real opportunities for meeting the needs of local government for expanded capital facilities.