Intended for local municipal officials and their advisors on public finance issues, this publication describes the legal environment surrounding bonds and examines some of the factors affecting the political feasibility of bond issues. Four categories of state controls of municipal bonds are discussed: limits on the amount of debt municipalities…

This booklet provides information about the state of Mississippi's Prepaid Affordable College Tuition Program. The state-guaranteed program creates tax-exempt monthly or lump-sum prepayment plans that cover tuition and all mandatory fees at state-supported colleges or universities, are portable to private and out-of-state schools, and can be…

The differential interest costs to rural governments associated with borrowing in the tax-exempt bond market is a function of the advantageous position of several large partially rural counties and the dominance of school district borrowing in rural communities, rather than a disadvantage of predominantly rural governments. This conclusion is the…