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Charter City Bond Issuance Analysis by trilocksp Singh is a document available to read on EtoBox.

What is Charter City Bond Issuance Analysis about?

Charter City issued $100 million of 6% general obligation bonds on January 1, 2017 that mature in 20 years. The bonds were issued at a discount of $2.27 million. Interest payments of $3 million each were made on July 1, 2017 and January 1, 2018. The city should report $6 million in interest expenditures in its debt service fund for 2017 and $6 million in interest expense on its government-wide statements, recognizing the amortization of the bond discount. When the bonds mature in 2037, the repayment would r

Author

trilocksp Singh

Language

EN