Question 1 .

In the unusual case where an SLG is not liable in any manner for special assessment debt whose proceeds are used to pay for a special assessment capital project, the special assessment debt should be serviced from which of the following?

	a.	A Special Assessment Debt Service Fund
	b.	A Capital Projects Fund
	c.	An Agency Fund
	d.	The GLTL

QUESTION 2

1. Which of the following is a characteristic of term bonds issued by SLGs?

   	a.	Both principal and interest payments are due during the life of the bond
   	b.	Principal payments are due every year; interest is due only when the bond matures
   	c.	All term bond proceeds are required to be reported in capital project funds
   	d.	No principal payments are made until the bond mature