The board meanwhile agreed with the consultantâs recommendation to keep the current indexes that underlie the large company U.S. stock C fund, the small company stock S fund and the bond F fund; the government securities G fund is operated by the TSP itself in conjunction with the Treasury.
Economic Development Authority. The Economic Development Authority acts as a catalyst for responsible economic growth that improves Fredericksburgâs quality of life. The EDA receives its funding from annual fees derived from the issuance of bonds for qualified borrowers.
Economic growth and economic development are closely related but not synonymous. Growth can exist independent of the state of economic development. Conversely, development can exist independent of economic growth. The distinction is often one of timing. Economic development is essentially investment in an economy; economic growth is increased production of an economy.