What kinds of debts has California incurred through borrowing? Explain the difference among general obligation bonds, budgetary borrowing, and unfunded liabilities.
What will be an ideal response?
General obligation bonds are approved by voters, and are large amounts borrowed for the purposes of funding large infrastructure projects such as road construction, improved water storage, or high-speed rail. Budgetary borrowing consists of loans taken to plug holes in the budget, funds borrowed from other special accounts (intended for specific purposes such as schools), or deferred payments (promises to pay later what is currently owed). Unfunded liabilities are promises made to retirees in the form of pensions or health-care coverage.
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The UN has the budget and resources equivalent to that of most small states
Indicate whether this statement is true or false
In differential research designs,
A) Ideal comparison groups are easy to find. B) It is impossible to find good comparison groups. C) Comparison groups are unnecessary. D) It is difficult to find ideal comparison groups.
The probability of being above the mean with a normal distribution is:
a. 0.25 b. 0.50 c. 0.75 d. 1.00
Which statement about the State Board of Education (SBE) is true?
a. Independent charter schools can receive state funds without SBE approval. b. The SBE has nine board members. c. The SBE nominates three people for the post of education commissioner to be selected by the governor and approved by the senate. d. The SBE board members are elected statewide.