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4-%-` <br /> F <br /> As bond issues become increasingly <br /> difficult to pass, it's more important <br /> than ever to craft a strategic <br /> plan that focuses on getfing <br /> many community groups <br /> involved in the project. By Brad Simmons <br /> n 1987, $105 billion in mu- seeking ways to pay for those costs. <br /> nicipal bonds were issued Citizens are demanding more services for <br /> ,7 <br /> to various public entities fewer tax dollars, and cities and towns are <br /> throughout the United States.Two years ago,that looking at bond issues as one method of meeting <br /> number jumped to$292 billion.In 1986,there were 9.6 those demands. <br /> million financings and seven years later,that number Historically, bond issues have been designed to <br /> nearly doubled to 18.1 million. financially keep pace with the expansive and often <br /> As city governments struggle to maximize shrinking expensive needs of the community,such as establish- <br /> budgets to fit expanding community needs,municipali- ing new programs and facilities or upgrading existing <br /> ties are stepping back,assessing the public's needs and ones. Recently, though, bond issues have become <br /> Pnulu_-fdmnen15iinpson'fPG IrnurnaUnnal <br /> August 1995 ATHLETIC BUSINESS 37 <br />