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FY 2018 2027 DRAFT Capital Plan Citizens General Obligation Bond Oversight Committee Brian Strong, Office of Resilience and Capital Planning City and County of San Francisco January 26, 2017DRAFT
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A citizens general obligation bond is a type of bond issued by municipal governments to finance public projects such as schools, roads, and infrastructure.
Municipal governments are required to file citizens general obligation bond in order to raise funds for public projects.
To fill out citizens general obligation bond, municipal governments must provide detailed information about the project being financed, the amount of funds needed, and the repayment terms.
The purpose of citizens general obligation bond is to allow municipal governments to fund public projects that benefit the community.
Information such as the project description, funding amount, repayment terms, and intended use of funds must be reported on citizens general obligation bond.
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