Complete an internet search to find the Comprehensive Annual Financial Report (CAFR) for your city or county government. Examine the financial report to help you determine the following:
1. Determine the amount of long-term bonds currently outstanding.
2. Read the supporting information to your municipality’s financial statements and record: the market interest rates of the bonds, the dates when the bonds will mature and the original issue amount of the bonds.
I just need some insight on what to look for, where to look for it and a little more explanation on what it is that I am looking at.
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