What is the difference between General Obligation and Revenue bonds?
G.O.s are backed by the full revenue stream of the municipality (often called the General Fund). They typically require voter approval. Revenue bonds are backed by a specific project's revenues, but not the general tax revenues of the municipality. Revenue bonds are thus riskier than
G.O.s.

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The Answer of What is the difference between General Obligation and Revenue bonds?
G.O.s are backed by the full revenue stream of the municipality (often called the General Fund). They typically require voter approval. Revenue bonds are backed by a specific project's revenues, but not the general tax revenues of the municipality. Revenue bonds are thus riskier than
G.O.s.

What Is the Difference Between General Obligation and Revenue Bonds