As part of an on - going series of community forums, The Project for Deeper Understanding and KPCW partnered to bring the discussion on the Park City School
District School Bond issue.
Not exact matches
Municipal
bonds are
issued by state and local governments in the US as well as other public authorities, such as
school districts.
The village would
issue general obligation
bonds and turn over the funds to the Park
District, while the school district would repay the village for the cost of t
District, while the
school district would repay the village for the cost of t
district would repay the village for the cost of the park.
Meanwhile, in Barrington Unit
School District 220, partial returns showed voters in Lake and Cook Counties were approving by 58 percent and 67 percent, respectively, a $ 19.4 million
bond issue.
The
school district has a
bond issue on the April 1 ballot to raise funds for its construction, and Layer is hoping to win backing for the proposal.
With 96 percent of the votes tallied Tuesday night, Park Ridge
District 64 looked like it was heading for victory on a $ 23 million
bond issue to build a new middle
school and to upgrade technology, and on an education fund property - tax increase of 59 cents per $ 100 of equalized assessed valuation to pay for operating expenses.
A $ 3 million
bond issue planned by Lake County Community
School District 102 to complete a middle school in Buffalo Grove and add six classrooms to a primary school in Prairie View has been called off in the wake of an Illinois Appellate Court r
School District 102 to complete a middle
school in Buffalo Grove and add six classrooms to a primary school in Prairie View has been called off in the wake of an Illinois Appellate Court r
school in Buffalo Grove and add six classrooms to a primary
school in Prairie View has been called off in the wake of an Illinois Appellate Court r
school in Prairie View has been called off in the wake of an Illinois Appellate Court ruling.
It's noteworthy that
school districts will be asked to submit their requests for funding after the
bond issue is passed.
Actual increases in tax collections imposed by
districts may end up being more or less than 2 percent, depending on local factors such as
bond issues to fund
school reconstruction or repairs, which are exempt from the cap.
Notwithstanding the foregoing provisions, but subject to such requirements as the legislature shall impose by general or special law, indebtedness contracted by any county, city, town, village or
school district and each portion thereof from time to time contracted for any object or purpose for which indebtedness may be contracted may also be financed by sinking fund
bonds with a maximum maturity of fifty years, which shall be redeemed through annual contributions to sinking funds established by such county, city, town, village or
school district, provided, however, that each such annual contribution shall be at least equal to the amount required, if any, to enable the sinking fund to redeem, on the date of the contribution, the same amount of such indebtedness as would have been paid and then be payable if such indebtedness had been financed entirely by the issuance of serial
bonds, except, if an
issue of sinking fund
bonds is combined for sale with an
issue of serial
bonds, for the same object or purpose, then the amount of each annual sinking fund contribution shall be at least equal to the amount required, if any, to enable the sinking fund to redeem, on the date of each such annual contribution, (i) the amount which would be required to be paid annually if such indebtedness had been
issued entirely as serial
bonds, less (ii) the amount of indebtedness, if any, to be paid during such year on the portion of such indebtedness actually
issued as serial
bonds.
Voters in the Highland Central
School District approved the Highland Public Library's $ 4.8 million
bond issue proposal at the polls on Tuesday by a 62.5 percent majority.
Voters in the Highland Central
School District approved the Highland Public Library's $ 4.8 million
bond issue proposal at the polls on
The successful
bond issue will generate $ 335 million for
school construction and qualifies the
district for $ 500 million in state assistance.
But when the drafting of a new law was scheduled for the 1996 legislative session, dozens of
school districts had more than a year to seize the chance to pass construction -
bond issues under the current law.
Its main purpose was to make it easier to pass
bond issues for public
school funding, and
district advocates say that most voters were not aware of the provision («buried in a little Easter egg,» as Folsom put it) requiring public
schools to offer charters their unused space.
One of the ballot
issues defeated was a request by
school officials for authority to
issue $ 160 million in
bonds to cover the
district's current - year deficit, which represents about 23 percent of its annual budget.
On Election Day, voters in 31
school districts around the state will decide whether to raise property taxes to pump an additional $ 1 billion into the
school system in the form of
bond issues for buildings or mill levy overrides for operating budgets.
Ostensibly, these youngsters are still being educated and will return to their regular
schools.In truth, most of these students are ghosts; they disappear but are still carried on the attendance rolls for purposes of state support.Every urban
district has thousands of such ghosts; some tens of thousands.If all the ghosts on the books actually showed up, no urban
school district would be able to cope without a new
bond issue for building significantly more
schools.
The ruling by
District Court Judge David E. Winslow held that the cash - management program, which allows
school officials to
issue tax - exempt
bonds to cover anticipated budget shortfalls, does not violate the state constitution.
Three of the state's largest public education advocacy groups are leading opposition to legislation that would greatly restrict the use of long - term
bond issues by
school districts.
Characterizing its practice as a «general practice for a specialized clientele,» the firm provides legal advice and expertise to handle any and all needs of a
school district, including fair dismissal personnel
issues, allegations of employment discrimination and EEOC complaints, other personnel disputes, student discipline
issues, student tribunal hearings, civil rights claims, personal injury actions, federal and state constitutional claims and other litigation, special education and other legal
issues involving disabled students, contracts, leases and other business needs, policy and rule development, construction disputes,
bond and SPLOST
issues and other financial matters.
Providing a general law practice for a specialized clientele, Harben, Hartley & Hawkins meets all of the legal needs of
school districts including: fair dismissal personnel
issues, allegations of employment discrimination and EEOC complaints, other personnel disputes, student discipline
issues, student tribunal hearings, civil rights claims, personal injury actions, federal and state constitutional claims and other litigation, special education and other legal
issues involving disabled students, contracts, leases and other business needs, policy and rule development, construction disputes,
bond and SPLOST
issues and other financial matters.
The
district hopes to win approval next month of a $ 20 million
bond issue that would provide funds to build an elementary
school.
«This is a guarantee system that goes back to 1983 and since then we've backed more than $ 112 billion in
bonds issued by the independent
school districts,» said DeEtta Culbertson, spokeswoman for the Texas Education Agency.
- Retain language giving
schools ability to use authority under the government code to
issue bonds but clarify that the limitations imposed on the issuance of capital appreciation
bonds in the Education Code can not be overridden by the regulations established for
school districts in the government code.
The Advocate: Fast growing Ascension
school district wraps up projects from 2009
bond issue as it prepares to ask voters for more money in April to build four
schools http://bit.ly/1lpcjUY
And it would require that
districts include a buy - back» provision in their
bond issues allowing
schools the option to refinance if needed.
A $ 50.2 - million
bond issue meant to improve technology and security for the Grosse Pointe, Mich.,
school district was soundly defeated Tuesday night...
The Park City
School District last year brought in nearly 40 new employees and adjusted teacher salaries with an across - the - board increase of $ 7,000, resulting in a budget spike of about $ 3.4 million for this year, which was discussed at Tuesday's school board meeting, along with master planning and potential bond i
School District last year brought in nearly 40 new employees and adjusted teacher salaries with an across - the - board increase of $ 7,000, resulting in a budget spike of about $ 3.4 million for this year, which was discussed at Tuesday's
school board meeting, along with master planning and potential bond i
school board meeting, along with master planning and potential
bond issues.
A recent attempt by the 11,000 - student urban
district to pass a $ 49.8 million
bond issue for
school construction and repair - its first since the 1960s - failed earlier this year.
The
district passed what was a record $ 1.5 billion
bond issue for
school construction 31/2 years ago, and is just now beginning to get projects underway.
In 1996, Los Angeles voters approved the largest - ever
bond issue for
school construction in a single
district - $ 2.4 billion.
In California, the $ 13 billion
school bond issue approved in November included up to $ 100 million for charter
school facilities; the $ 3.3 billion
bond issue approved on the same day in the Los Angeles
district was the first in California to include funds for expanding charter
school facilities — $ 50 million.
Rather than seek a
bond issue and a property tax increase, the
school district has teamed with the other
districts in Summit County, Ohio, and the county council to propose a half - cent sales - tax hike.
«To construct / renovate classrooms, restrooms /
school facilities to improve the quality of education at Brittan Elementary School, build a gymnasium for school and community use; repair, construct, acquire classrooms, sites and equipment, shall this Brittan Elementary School District measure be adopted to issue $ 4,000,000 of bonds at legal rates, levy approximately 3 cents / $ 100 assessed value, generating approximately $ 260,000 annually while bonds are outstanding, with annual audits, independent citizens» oversight, NO money for salaries, all money staying local?&
school facilities to improve the quality of education at Brittan Elementary
School, build a gymnasium for school and community use; repair, construct, acquire classrooms, sites and equipment, shall this Brittan Elementary School District measure be adopted to issue $ 4,000,000 of bonds at legal rates, levy approximately 3 cents / $ 100 assessed value, generating approximately $ 260,000 annually while bonds are outstanding, with annual audits, independent citizens» oversight, NO money for salaries, all money staying local?&
School, build a gymnasium for
school and community use; repair, construct, acquire classrooms, sites and equipment, shall this Brittan Elementary School District measure be adopted to issue $ 4,000,000 of bonds at legal rates, levy approximately 3 cents / $ 100 assessed value, generating approximately $ 260,000 annually while bonds are outstanding, with annual audits, independent citizens» oversight, NO money for salaries, all money staying local?&
school and community use; repair, construct, acquire classrooms, sites and equipment, shall this Brittan Elementary
School District measure be adopted to issue $ 4,000,000 of bonds at legal rates, levy approximately 3 cents / $ 100 assessed value, generating approximately $ 260,000 annually while bonds are outstanding, with annual audits, independent citizens» oversight, NO money for salaries, all money staying local?&
School District measure be adopted to
issue $ 4,000,000 of
bonds at legal rates, levy approximately 3 cents / $ 100 assessed value, generating approximately $ 260,000 annually while
bonds are outstanding, with annual audits, independent citizens» oversight, NO money for salaries, all money staying local?»
To repair aging classrooms, ensure student health, safety and achievement and keep pace with technology, upgrade aging plumbing, electrical, lighting, heating / ventilation, safety / security systems, shall this Hawthorne
School District measure be adopted to repair, construct, acquire classrooms, sites / equipment, and
issue $ 59,000,000 in
bonds, at legal rates, levy on average 3 cents / $ 100 assessed value ($ 3,000,000 annually) while
bonds are outstanding, require independent audits / oversight, and all money for local
schools?»
«To improve the quality of education; make health and safety improvements; modernize / construct classrooms, restrooms and
school facilities: and improve P.E. fields and facilities; shall Laton Joint Unified School District issue $ 7,000,000 of bonds at legal rates, averaging $ 421,000 annually as long as bands are outstanding at a rate of approximately 6 cents per $ 100 assessed value, with annual audits, an independent citizens» oversight committee, no money for salaries, and funding that can not be taken by the State?&
school facilities: and improve P.E. fields and facilities; shall Laton Joint Unified
School District issue $ 7,000,000 of bonds at legal rates, averaging $ 421,000 annually as long as bands are outstanding at a rate of approximately 6 cents per $ 100 assessed value, with annual audits, an independent citizens» oversight committee, no money for salaries, and funding that can not be taken by the State?&
School District issue $ 7,000,000 of
bonds at legal rates, averaging $ 421,000 annually as long as bands are outstanding at a rate of approximately 6 cents per $ 100 assessed value, with annual audits, an independent citizens» oversight committee, no money for salaries, and funding that can not be taken by the State?»
Effective January 1, 2018,
school district referenda to exceed revenue limits and to
issue bonds will be limited to being held only on regularly - scheduled election days (i.e., the February spring primary or April spring general election, or the August (fall) partisan primary or November general election).
Janet's clients span a variety of industries in Texas and nationwide and she is a highly respected
bond counsel, underwriter counsel, credit bank counsel, borrower counsel, issuer counsel and trustee counsel in connection with multi-million-dollar municipal and conduit
bond issues for
school districts, charter
schools, private
schools and local governments.
«
Bond issues have played well even in conservative areas and tax increase elections have played well in suburban
school districts,» he said.
Gov. Jerry Brown wants the state to cease
issuing K - 12 construction
bonds, leaving
school districts to pay the tab to build
schools.
The
district said it would provide single - entry point security at the
school when an $ 800 million
bond issue was approved by voters in 2014.
Janet Vaughan Robertson's practices focuses on the public finance arena and she is a highly respected
bond counsel, underwriter counsel, credit bank counsel, borrower counsel, issuer counsel and trustee counsel in connection with multi-million dollar municipal and conduit
bond issues for
school districts, charter
schools, private
schools and local government.
Construction continues on the new Roaring Fork
School District transportation facility in Glenwood Springs, part of the $ 122 million
bond issue approv...
After months of debate about the $ 56 million Park City
School District bond, residents this week at last got to see representatives from the two sides of the
issue spar in a true back - and - forth discussion.
Finally, the Fiscal Code authorizes the state to
issue $ 2.5 billion (yes that is billion) in
bonds in order to make construction reimbursement payments that the state owes to
school districts through the PlanCon program.
The governor vetoed a bill that would have allowed New York
school districts to
issue bonds to cover their projected teacher pension cost increases over the next three years.
Municipal
bonds are
issued by state and local governments in the US as well as other public authorities, such as
school districts.
Municipal
bonds are IOU's
issued by any municipal organization, including cities, counties, states, and
school districts.
He said that in many cases the initial money would come from the stimulus package, noting that some $ 24 billion is available for
schools, and mostly untapped so far, through
bonds issued by
school districts, cities or states.