Protecting Your District’s Ability to Sell Bonds or Other Debt

School Business Affairs (an ASBO International Publication), October 2012
Does your school district have more than $10 million in tax-exempt debt, inclusive of all outstanding bonds, certificates of participation, and other public debt issues with durations of more than nine months? If so, it must comply with the contractual requirements entered into under Securities and Exchange Commission (SEC) rules…

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