I think before going to decide to get a loan or issue a bond, some procedures and required steps should be made by the municipality. First, to improve the skills of financial management staff. They must be trained, educated, and qualified enough to start a new style of work. Then, developing ways to get your revenues, taxes, and fees on time. Tasks should linked with time. Periodical financial reports are vital. There must be a separate Debt Department with the necessary equipment and training. This staff must be highly qualified and well chosen. You have to revise with legal and financial consultants. Link the decisions of the municipality with the opinion of the Financial Manager who should put the Mayor in the accurate and present situation of the financial status to be able to go ahead or stop.