Financing Municipal Solid Waste Management Systems

by Robert M. Clark, (A.M.ASCE), Chf.; Urban Data Sec., Basic Data Branch, Div. of Tech. Operations, Bureau of Solid Waste Mgmt., Envir. Health Service, Public Health Service, U.S. Dept. of HEW, Cincinnati, OH,
Richard O. Toftner, Chf.; Planning Sec., System Mgmt. Branch, Div. of Tech. Operations, Bureau of Solid Waste Mgmt., Envir. Health Service, Public Health Service, U.S. Dept. of HEW, Cincinnati, OH,


Serial Information: Journal of the Sanitary Engineering Division, 1970, Vol. 96, Issue 4, Pg. 885-892


Document Type: Journal Paper

Abstract: There is a relationship between engineering design and operation and the availability of adequate funds in the field of solid waste management. Many municipalities face difficult problems in obtaining and maintaining financial support. To bridge the gap between design and implementation, the solid waste manager must understand the fundamentals of municipal finance. Major types of municipal financing are discussed including revenue and general obligation bonds and pay-as-you-go systems. A comparison is drawn between an all-loan and pay-as-you-go systems. A comparison is drawn between an all-loan and pay-as-you-go system and between general obligation and revenue bonds. The option of using a gross revenue—general obligation bond is presented.

Subject Headings: Municipal wastes | Solid mechanics | Solid wastes | Bridge design | Waste management | Local government | Financing

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