Description
Book SynopsisCapital budgeting and debt administration, when pursued from a strategic planning perspective as opposed to the more conventional cost-based framework, provides a forward-looking alternative based on a jurisdiction's needs, its resource base, and growth potential.
Trade ReviewThis is a clearly written book and thorough in its coverage on an important topic. The book steps the reader carefully through the stages of capital facilities planning, budgeting, funding and debt administration, and project scheduling. Along the way, the author unobtrusively includes the landmark literature and key approaches that have been used over the years. A book on this subject is badly needed, and Steiss is a terrific guide through this sometimes complex terrain. -- Irene Rubin, Northern Illinois University
There is no greater financial challenge facing government than that of increasing returns on its investments. In this highly useful volume, Alan Walter Steiss shows us how to meet this challenge through improved planning, maintenance, and financing of large-scale, long-lived strategic facilities. Steiss’ ability to explain financing alternatives and debt administration is especially remarkable. No one does that better than Alan. -- G. Frederick Thompson, Willamette University
Efficient development of the physical infrastructure is critical for the vitality of local economies and for the delivery of services to the public. Alan Walter Steiss provides a fine road map for government officials, taking the public facilities development process from planning, through forecasting and costing, to borrowing and debt administration. This book provides a valuable guide for all those with public infrastructure responsibilities. -- John L. Mikesell, Indiana University
Table of ContentsChapter 1 Government Responsibilities for Strategic Planning Chapter 2 Strategic Planning Chapter 3 Forecasting Community Growth and Change Chapter 4 Programming Strategic Facilities Chapter 5 Cost Analysis and Long-Term Resource Commitments Chapter 6 Methods of Financing Strategic Facilities Chapter 7 Financing Strategic Facilities Through Long-Term Borrowing Chapter 8 Revenue Bonds and Lease-Purchase Financing Chapter 9 Marketing and Underwriting Municipal Bonds Chapter 10 Project Planning and Operations Scheduling Chapter 11 Investment Strategies Chapter 12 Debt Administration
