Welcome to
McCalpin’s Unofficial Guide to Municipal Bonds
by William "Bill" McCalpin

Introduction
Although Richardson residents are periodically called upon to vote for or against bond propositions, it’s not likely that most residents have a good understanding of why the City issues bonds and the process by which this is done. These pages and the information contained therein are designed to help residents in Richardson to understand how the City finances capital projects through bonds and how the residents can have input.

Click a link below to select a topic:
What a Municipal Bond is
Types of Bonds
Bond Ratings
The Process of Issuing GO Bonds
Changing What Bonds are Used For
The 2010 Bond Propositions

Editorial Note: McCalpin's Unofficial Guide expresses no opinion on the 2010 bond election or any bond propositions – it is purely informational for all residents. All of the information expressed in McCalpin's Unofficial Guides is purely the opinion of the author. The Richardson Echo publishes this as a service but does not endorse nor refute its contents.