WASHINGTON -- Virginia's Debt Capacity Advisory Committee, formed to get a better handle on state debt issuance, will hold its first meeting Nov. 21.

The committee was established by executive order Sept. 18 as an outgrowth of a December 1990 assessment of debt management in Virginia conducted by state finance officials. The panel reflects their consensur that "it is critical the commonwealth begin to more closely monitor, plan, and coordinate the use of its debt resources to ensure high credit ratings in the future.

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