94.7k views
5 votes
Which of these BEST describes how City Business Improvement Districts differ from other local governments?

User Stanley Ko
by
7.8k points

1 Answer

4 votes

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.

User El Padrino
by
8.0k points