TITLE

Critics blast N.Y.'s issuance proposal to fund backlog of school aid claims

AUTHOR(S)
Roy, Elizabeth
PUB. DATE
August 1997
SOURCE
Bond Buyer;08/01/97, Vol. 321 Issue 30200, p1
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
Reports on the criticisms on New York's Dormitory Authority's plans to issue appropriation-backed debt annually to finance the state's school aid claims. Allegations on the proposal's violation of the principles of public finance; Amount owed by the state to its school districts; Suggestions on the proper use of long-term borrowing.
ACCESSION #
9708120379

 

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