Government Finance Officers
Association of British Columbia
Saturday, December 1, 2018

Platinum - MFABC

The Municipal Finance Authority operates under its own Act, as the central borrowing agency for the financing of long-term and short-term capital requirements of regional districts and their member municipalities, regional hospital districts and other special purpose municipal bodies. The MFA issues its own securities, and obligations of the MFA are not obligations of the Province of BC and are not guaranteed, directly or indirectly, by the Province. The MFA is a stand-alone organization, owned by its Members (clients). MFA is self-supporting, and pays its operating costs from fees charged on its programs - not from taxation of its Members. It does not require nor receive operational support from any senior level of government.

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