Module 3 MLO’sMLO’s CLO’s Learning Activities/Indicators# 1 # 6 Articulate the key differences Self-assessment Journal # 3
between a governmental operating Lecture material/readingsbudget versus a capital budget # 2 # 6 Self-assessment Journal # 3Prepare a short capital budget Lecture material/readings Exercise/Essay # 3 # 3Describe the key types of local government # 6 Self-assessment Journal # 3bond/debt issues and the components in a Lecture material/readingsbonded debt official statement Exercise/Essay # 3 # 4 # 6Demonstrate the concepts and applications Self-assessment Journal # 3involved in strategically aligning capital project Lecture material/readingsfinancing needs with funding sources Online Discussion # 2 https://www.taxpolicycenter.org/briefing-book/what-are-municipal-bonds-and-how-are-they-used(types of municipal bonds)https://www.schwab.com/resource-center/insights/content/understanding-general-obligation-municipal-bonds(General Obligation bonds explained)https://www.schwab.com/resource-center/insights/content/understanding-revenue-bonds(Types of revenue bonds explained)Operating Budget Versus Capital Budgethttps://austintexas.gov/faq/how-does-citys-capital-budget-differ-its-operating-budget (Austin, TX)