WASHINGTON — The Government Finance Officers Association’s executive board is expected on Friday to approve a new best-practice document that gives municipal bond issuers guidance about the types of fees they can expect to incur when issuing municipal debt, a GFOA consultant said.

The four-page document was released and underwent final editing Thursday at a meeting of GFOA’s committee on governmental debt management. The debt committee also agreed the same day to update existing documents and begin work on a host of new items, including guidance papers for small issuers and best practices for bank loan disclosures.

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