Debt securities issued by state and local governments, often offering tax-exempt interest, used to finance public projects.
Municipal bonds are debt securities issued by municipalities to finance public projects. They often have tax advantages and play a significant role in ZEBRA agreements.
Pork Barrel refers to government spending for localized projects secured primarily to bring money to a representative's district, often criticized for being motivated by political gain rather than public need.
Government-funded projects aimed at improving public infrastructure.
Revenue bonds are municipal bonds that are repaid from the revenue generated by the specific project or service they finance, such as toll bridges, hospitals, and stadiums.
A detailed exploration of federal grants-in-aid, including their types, examples, historical context, and their role in funding state and local projects.
