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Description: The California Transportation Financing Authority (CTFA) issues, or approves the issuance of, revenue bonds to finance transportation projects. The CTFA reviews proposed projects to ensure they are financially sound, and has the ability to approve tolls as part of the financing plans to repay revenue bonds. Through the CTFA, local transportation agencies will have greater ability to sell revenue bonds -- backed by non-general fund monies -- in the municipal bond market. And the state will ensure that projects and financing are consistent with state transportation policy objectives.
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Subject: California Transportation Financing Authority
Group: State Treasurer
Creator: California. Office of the State Treasurer
Language: English
Coverage: California
Format: Websites
Name: Ma, Fiona
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