So L.A. is saying they'll let charters participate in TRANs [Tax Revenue Anticipation Notes], which lowers the cost of loans for charters. (educationnext.org)
The town plans to borrow $ 15 million in revenue anticipation notes for operating expenses and $ 34.5 million in bond anticipation notes for capital projects. (newsday.com)
Erie County Legislature Chairman John J. Mills sent a letter to County Executive Mark Poloncarz strongly urging him to issue the Declaration of Need to allow the county to borrow its annual Revenue Anticipation Note (RAN) through the Erie County Fiscal Stability Authority (Control Board) at a lower cost to taxpayers. (www2.erie.gov)