The Role of Bonds in Utah: A Guide to Utah Bonding and its Benefits and Limitations
Written by: Mallory Bateman
The State of Utah borrows billions of dollars to finance large capital projects. Several such projects loom on the horizon, including the prison relocation, highway construction, and water projects. In consideration of these needs, Utah Foundation researched whether it is beneficial for Utah to maintain the practice of bonding with shorter terms, or if it might be useful to extend the term lengths. The report first explains what municipal bonds are, how they work, and … Continued