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Which of these BEST describes how City Business Improvement Districts differ from other local governments?

1 Answer

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The difference is that "city business improvement districts are funded through revenue bonds".

Revenue bonds are metropolitan bonds that support those projects which are revenue generators and are secured by a predefined income source. Regularly, revenue bonds can be issued by any administration organization or fund that is overseen in the way of a business, for example, elements having both operating incomes and costs.

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User El Padrino
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