Rural Development: Financial Condition of the Rural Utilities Service's LoanPortfolio

摘要

To assist in the development of infrastructure in the nation's rural areas, theRural Utilities Service (RUS) in the U.S. Department of Agriculture (USDA) made or guaranteed about $10.4 billion in loans during fiscal years 1992 through 1996. GAO examined the (1) financial condition of the electricity, telecommunications, and water and waste disposal loan portfolios and (2) financial characteristics of borrowers having electricity and telecommunications loans.