Question: Visit your city or county library. Ask the librarian to help you locate the recent financial records of your city or county government. Examine those

Visit your city or county library. Ask the librarian to help you locate the recent financial records of your city or county government. Examine those records.

Required

1. Determine the amount of long-term bonds and notes currently outstanding.

2. Read the supporting information to your municipality's financial statements and record

a. The market interest rate(s) when the bonds and/or notes were issued.

b. The date(s) when the bonds and/or notes will mature.

c. Any rating(s) on the bonds and/or notes received from Moody's, Standard & Poor's, or another rating agency.

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1 and 2 The city Los Angeles California audit report for the year ended 30 th June ... View full answer

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