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Rural Development: Financial Condition of the Rural Utilities Service's Electricity Loan Portfolio

T-RCED-97-198 Published: Jul 08, 1997. Publicly Released: Jul 08, 1997.
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Highlights

Pursuant to a congressional request, GAO discussed the Department of Agriculture's (USDA) Rural Utilities Service's (RUS) electricity loan program, focusing on the financial: (1) condition of the electricity loan portfolio; and (2) characteristics of borrowers having electricity loans.

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Economic Development
Delinquent loansDirect loansElectric utilitiesFinancial managementGovernment guaranteed loansProfitsRural economic developmentElectricityFinancial conditionWarranties