Response to the following problem:
Visit your city or county library. Ask the librarian to help you locate the recent financial records of your city or county government. Examine those records.
Required:
1. Determine the amount of long-term bonds and notes currently outstanding.
2. Read the supporting information to your municipality's financial statements and record
a. The market interest rate(s) when the bonds and/or notes were issued.
b. The date(s) when the bonds and/or notes will mature.
c. Any rating(s) on the bonds and/or notes received from Moody's, Standard & Poor's, or another rating agency.