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Take Economic ActionAction Academy
Understand general obligation versus revenue bonds, tax-exempt yield, ratings, and how bond decisions shape your neighborhood.
Interactive workshop
Tell me your city and what you want from bonds, and I will map your research steps.
Sections
Read it or listen to it, then clear the section test. Sections open one at a time.
Section 1
When a city, county, school district, or authority needs money for long-lived infrastructure, it borrows by issuing bonds. Investors lend the principal, receive interest payments (… Join free to read, listen, and test.
Section 2
Rating agencies grade issuers. A higher rating means lower borrowing cost. A downgrade raises the interest a city must pay, which comes out of the same budget that funds services.… Join free to read, listen, and test.
Section 3
Bond issuance is where public dollars become private contracts: underwriting fees, bond counsel, financial advisors, construction and engineering firms. Those contracts are awarded… Join free to read, listen, and test.
Course test
Members take a 6-question test at the end of this course. Score 80% or higher and a certificate of completion is issued to your account.
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