Search Elements:
- Taxonomy
- us-gaap
- Name
- MunicipalInvestmentAgreements
- Label
- Municipal Investment Agreements
- Period Type
- instant
- Balance Type
- credit
- Type
- xbrli:monetaryItemType
- Definition
- Carrying value as of the balance sheet date of the obligations arising from contracts specifying rights and responsibilities of a host municipality in the structure or operation of an investment project. For example, proceeds from a revenue bond may be invested temporarily in contracts until disbursements are required for construction of a major project. There is little or no insurance risk for the entity.