You are the chairperson of the state legislative committee that regulates municipal borrowing for capital...
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Accounting
You are the chairperson of the state legislative committee that regulates municipal borrowing for capital projects, including revenue bonds. You just learned of the municipal bankruptcy in Jefferson County, Alabama, and you want to revise state law to prevent a similar disaster under your watch. Identify three strategies that you would seek to implement to better control the risk inherent in municipal finance.
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