Question: Written Problem #2 - We have been looking at the CAFR for the City of Sacramento. The city has issued revenue bond debt, but no

Written Problem #2 - We have been looking at the CAFR

Written Problem #2 - We have been looking at the CAFR for the City of Sacramento. The city has issued revenue bond debt, but no general obligation debt. In light of that, please answer the following: (1) What is the distinction between general obligation debt and revenue bond debt? (2) Why might the city want to issue revenue bond debt instead of general obligation debt

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