What describes the Intended Uses of Bond Proceeds?

The correct answer is the description of planned projects funded by bond sales. This indicates the specific purposes for which the bond proceeds are intended. When a municipality issues bonds, there is usually a clear plan that outlines how the funds will be utilized to support certain projects or initiatives, such as infrastructure improvements, public safety equipment, or schools. This is important for accountability and transparency, as it ensures that bondholders and the public understand how their investments are being used to benefit the community.

While reports on how bond sales are influenced by market trends, historical records of previous bond uses, and future borrowing speculations are certainly relevant to the broader context of municipal finance, they do not specifically address the immediate and concrete applications of proceeds from current bond sales. The focus on planned projects underscores the intent behind issuing the bonds—namely, to fund specific, necessary developments within the municipality.