consider the following questions to be answered having analysis to back it up based on 2 years comparison. you can also add your perspective besides the questions below if needed.
Analysis of debt burden.
What has been the 10-year trend in general obligation long-term debt
relative to trends in population and revenue capacity?
Are significant debts of other governments (e.g., a school district. a
county) supported by the same taxable properties? What has been the trend
for this “overlapping” debt?
Are there significant levels of short-term operating debt? If so, has the
amount of this debt grown over time?
Are there any significant debts (e.g., lease obligations, unfunded pension
liabilities, accrued employee benefits) or contingent liabilities?
Are any risky investments such as derivatives disclosed in the notes to
the financial statements?
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