Discuss how the assigned material met or did not meet, the Module Learning Objectives. Describe 2or 3new things you learned from the module (Module 3 MLO's.docx) Students should write journal entrie

Module 3 MLO’s

MLO’s CLO’s Learning Activities/Indicators

# 1 # 6

Articulate the key differences Self-assessment Journal # 3

between a governmental operating Lecture material/readings

budget versus a capital budget

# 2 # 6 Self-assessment Journal # 3

Prepare a short capital budget Lecture material/readings

Exercise/Essay # 3

# 3

Describe the key types of local government # 6 Self-assessment Journal # 3

bond/debt issues and the components in a Lecture material/readings

bonded debt official statement Exercise/Essay # 3

# 4 # 6

Demonstrate the concepts and applications Self-assessment Journal # 3

involved in strategically aligning capital project Lecture material/readings

financing needs with funding sources Online Discussion # 2

https://www.taxpolicycenter.org/briefing-book/what-are-municipal-bonds-and-how-are-they-used (types of municipal bonds)

https://www.schwab.com/resource-center/insights/content/understanding-general-obligation-municipal-bonds (General Obligation bonds explained)

https://www.schwab.com/resource-center/insights/content/understanding-revenue-bonds (Types of revenue bonds explained)

https://austintexas.gov/faq/how-does-citys-capital-budget-differ-its-operating-budget  (Austin, TX)