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Author Question: Although cities are required by law to balance their operating budgets, many municipal construction ... (Read 68 times)

vicky

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on: Jul 8, 2018
Although cities are required by law to balance their operating budgets, many municipal construction projects are financed by loans through the issuance of __________.
 
  a. referendabonds
  b. limited agendabonds
  c. generalobligationbo nds
  d. countybondsofindebt edness

Question 2

What are rollback elections?
 
  a. elections to prevent the city from embarking on a certain project
  b. elections to nullify any tax increase of more than 8 percent in a given year
  c. elections to recall anunderperforming mayor
  d. elections to nullify any changes in taxation policy from a former administration


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ryhom

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Reply #1 on: Jul 8, 2018
Answer to Question 1

Answer: c

Answer to Question 2

Answer: b


vicky

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Reply 2 on: Jul 8, 2018
Thanks for the timely response, appreciate it

tranoy

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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