Revenue Bonds
Bonds issued by a government that are paid through a secured stream (i.e. derived from the financed project, outside grants, or other taxes related to the project). Generally, voter approval is not required for these types of bonds.
Finance
MORE FROM Finance
Some States Are Less Prepared for a Recession Than a Decade Ago
But according to two analyses, a majority of states have nearly enough savings to weather a downturn.
States' Capital Budgets Have Become Partisan Battlegrounds
The once-quiet place reserved for technical experts is increasingly being held hostage in political fights.
Thanks to SCOTUS, States Are Taxing Online Sales. But the Legal Fight May Not Be Over.
In its bid to start collecting a sales tax on internet purchases, Colorado could run afoul of the Supreme Court's ruling.
3 Ways Blue States Could Still Get Around Tax Reform
The IRS has moved to block high-tax states from circumventing GOP limits on tax deductions -- but not in every way possible.
While Feds Loosen Payday Loan Regulations, Colorado Voters Could Clamp Down
In a year when the federal government is dialing back financial regulations, Colorado could become the 16th state to limit the notoriously high interest rates on payday loans.
A Troubling Trend for Cities: Slowing Revenue But Rising Spending Growth
The annual National League of Cities report signals potentially more challenging times ahead for many localities.