Buckhead leaving Atlanta would likely have long-term negative effects on bond ratings in both cities and the metro area, according to two academic experts in municipal finance, supporting critics who say the secession would make local projects more expensive and budgets tighter. But cityhood advocates they have answers to such concerns.
Tag: Municipal bonds
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Atlanta’s planned $200 million housing bond faces grim, volatile market
One city government saw a five-fold hike in borrowing costs amid the coronavirus-spurred turmoil. This price hike is an indication of the volatile market into which Atlanta intends to sell up to $200 million in bonds to help secure affordable housing in the city.
