Series 50: Pay-As-You-Go (PAYG) Financing

Taken from our Series 50 Online Guide

Pay-As-You-Go (PAYG) Financing

Perhaps a municipal entity is seeking a less expensive alternative to borrowing or issuing debt. One option is pay-as-you-go financing, which involves taking money from already existing tax or revenue streams and dedicating that money to a proposed project. The money goes into a fund to be used as needed. This helps the municipality avoid paying interest on borrowed money.

One potentia

Since you're reading about Series 50: Pay-As-You-Go (PAYG) Financing, you might also be interested in:

Solomon Exam Prep Study Materials for the Series 50
Please Enable Javascript
to view this content!