FINANCING COMMUNITY FACILITIES: A CASE STUDY OF THE PARKS AND RECREATIONAL GENERAL OBLIGATION BOND MEASURE OF SAN JOSE, CALIFORNIA

Shishir Mathur ()
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Shishir Mathur: Urban and Regional Planning Department, San Jose State University, United States of America

Theoretical and Empirical Researches in Urban Management, 2009, vol. 4, issue 2(11), 34-49

Abstract: This study of the City of San Jose’s Parks and Recreation General Obligation (GO) Bond Measure seeks to identify the politics-, management-, and planning-related lessons learned by the City as it developed its community facilities using the GO bonds proceeds. The study finds that these lessons include: be conservative in what you promise the residents; be prepared for changes in economic environment by identifying supplementary funding sources should the primary source not yield adequate funds; make sure that the jurisdiction is organizationally capable of handling the increased workload; and prepare detailed project plans prior to the bond issuance.

Keywords: Community Infrastructure and Services; Municipal Bonds; Public Finance (search for similar items in EconPapers)
JEL-codes: G12 L52 O20 R51 (search for similar items in EconPapers)
Date: 2009
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Citations: View citations in EconPapers (1)

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Persistent link: https://EconPapers.repec.org/RePEc:rom:terumm:v:4:y:2009:i:11:p:34-49

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