Local Authority Bill

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Local Authority Bill

A debt security issued by a local government. Local authority bills are usually used to raise capital for improvements in infrastructure or other aspects of the municipality. For example, a city or school district may issue a bill to build a new school or a new playground. Risk varies with the municipality and the particular type of municipal bond. The term is most common outside of the United States. See also: Municipal bond.

References in periodicals archive ?

George Osborne will tell MPs that local authority bills won't rise in England next year - thanks to Government aid.

Council tax to rise after freeze vow; PLEDGE

Ministers are to overhaul the system for dealing with people who refuse to pay their local authority bills in a bid to boost collection rates.

uk news bulletin: Frozen assets plan to get council tax

But even with the rocketing council tax rates, which were among the highest in the UK, South Wales' local authority bills remain some of the cheapest.

Council tax rises FOUR times rate of inflation

More than 100 various household bills, including main utility and local authority bills can be paid, fee-free, at the Post Office.

An Post delivers a perfect boost to the local game

A CONFERENCE which could lead to a revolution in the way people pay for council services or meet local authority bills was held this week.

Around Wales: Swansea

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