General Obligation Bonds


General obligation (GO) bonds are backed by ad valorem property, sales and use, property transaction, or other general tax revenues, rather than the revenue from a specific project or geographic area, and can therefore be used to finance infrastructure that does not generate revenue. GO bonds are tax exempt and can be issued by governmental entities at the state or local level, including counties, cities, transit agencies, special-purpose districts, public utilities, school districts, etc.


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West Dublin BART