Guidance Document Information
Title |
Debt Capacity Advisory Committee Reports 2020 |
Document ID |
7594 |
Summary |
The Debt Capacity Advisory Committee (the "DCAC") reviews the amount and condition of the Commonwealth's tax-supported debt and submits to the Governor an annual report which includes the Committee's estimate of the maximum amount of tax-supported debt that may prudently be authorized in the ensuing fiscal years.
The report also includes the Committee's recommendations as to the use of the Commonwealth's moral obligation pledge and debt for which the Commonwealth has a contingent or limited liability. |
Effective Date |
12/17/2020 |
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Posted On 11/14/2023
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