§ 33651 Agency Revenue And Property Pledges

• •A government group can use money they make (like fees or rent) to promise they'll pay back a loan.
• •They can also use their stuff (like buildings or equipment) as a guarantee to get a loan.
• •This is like when you promise to pay back a friend using your allowance or toy as a guarantee.

A city wants to build a new park but doesn't have enough money.

The city can use the money they make from parking fees or renting out city buildings to promise they'll pay back the loan for the park. They can also use the park's land or equipment as a guarantee.