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L.J. Hart & Company
16401 Swingley Ridge Road, Suite 210
Saint Louis, Missouri 63017-0740


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Bonding Capacity

Computation of Bonding Capacity

State laws determine the legal bonding capacity for local governments. In order for issuers to develop financing plans to address long range capital project and facility needs, it is critical for the planning committee to know the maximum bonding capacity available. Bonding capacity projections form the basis for current and future decisions regarding how issuers will address facility and capital project needs.

In Missouri, the issuer's bonding capacity also includes the value of State Assessed property lying within its boundaries, but getting this value is a complicated process.
L.J. Hart & Company has considerable experience with this type of assignment and preparing such an analysis is part of the overall financing package at no additional cost.