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)