Benchmarking and Measuring Debt Capacity
This is the first volume in a series related to the recommended budget practices of the National Advisory Council on State and Local Budgeting (NACSLB). This book provides a useful analytic approach to implementing NACSLB recommended budget practices on measuring debt capacity and implementing debt policies. Using a case study of the City of Pittsburgh, Pennsylvania, the authors illustrate how data collection and analytical techniques can be used to form peer group comparisons and determine debt affordability. Key sections of the book address: a framework for debt capacity analysis; benchmarking techniques for comparing debt burden; measuring debt capacity; elements of a comprehensive debt policy; implementing NACSLB recommended practices.