Because they are not obligations of the government at large, revenue bonds are usually not subject to voter approvals or other forms of voter oversight.

Question

Quizplus · Accepted Answer

Revenue bonds are typically issued by municipalities to finance specific projects and are repaid from the income generated by those projects, such as tolls from a bridge or fees from a hospital, rather than from general tax revenues, thus often bypassing the need for direct voter approval or oversight.

Because They Are Not Obligations of the Government at Large