An Examination Of The Usage Of Grants And Municipal Bonds To Fund Capital Projects For Local Governments

Funding for capital projects is a vital need for local governments. This thesis compares two forms of funding, that being debt funding through municipal bonds or funding from state and federal grants. This thesis compares and contrasts these two forms of funding, looking at the economic and political risks that can come with using municipal bonds, as well as the need of resources that local governments need when it comes to securing grants. This project also looks at the case study of one such local government that needs funding for a capital project, that being the city of Richmond, Kentucky, and the construction of a new police station. Through the lens of this case study, a breakdown of possible grant opportunities for Richmond to use is given.

Name thesis:degree_name

Master of Public Administration (MPA)

Discipline thesis:degree_discipline

Government

Year

2023

Author dc:creator

• Davis, Collin Patrick

• Capital Projects;City Governments;Debt Funding;Grants;Local Governments;Municipal Bonds
• Public Administration
• Public Affairs, Public Policy and Public Administration
• Social and Behavioral Sciences

Repository record dc:identifier

https://encompass.eku.edu/etd/809

OAI identifier oai:identifier

oai:encompass.eku.edu:etd-1807