Compare and contrast the advantages and disadvantages of three methods of financing capital outlay: pay-as-you-go financing, building a reserve plan, and bonding.

PLEASE ANSWER ALL 4 QUESTIONS:
1.Compare and contrast the advantages and limitations of five types of budgeting models.
2. Address the methods used to determine adequacy in state finance litigation. 3. Analyze three important court decisions that have had an effect on public financing of church-run schools.
4. Compare and contrast the advantages and disadvantages of three methods of financing capital outlay: pay-as-you-go financing, building a reserve plan, and bonding.