Benchmarking and Measuring Debt Capacity Exam Questions with Verified Solutions ( Rated A+)
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Course
Measuring Debt Capacity
Institution
Measuring Debt Capacity
Benchmarking and Measuring Debt Capacity Exam Questions with Verified Solutions ( Rated A+)
Why Are Capital Spending pressures harder to control than the operating budget? - Answers 1) Political Imperatives
2) Difficulty Establishing Budget Ceilings
3) Long-term Projects and Impacts
4) In...
Debt Service Obligation - Answers existing debt service requirements, debt services as a percentage of
expenditures
Evaluation of trends relating to the government's performance - Answers revenues & expenditures,
reliability of revenues expected to pay for debt service and unreserved fund balance
, Measures of debt burden on the community - Answers debt per capital, debt as a percentage of
personal income and overlapping debt
Measures of the Tax and Revenue Base - Answers projections of key economic variables, population
trends and utilization of services
Statutory/constitutional limitations - Answers affecting the amount that can be issued
3) Prepare policies and plans for capital asset acquisition, maintenance, replacement and retirement
6 NACSLB's Recommended Budget Practices (4-6) - Answers 4) Develop options for meeting capital
needs and evaluate acquisition alternatives
5) Develop a Capital Improvement Plan
6) Monitor, Measure and Evaluate Financial Condition
8 Major Steps to Benchmarking & Measuring Debt Capacity - Answers 1) Define study objectives
2) Collect data
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