Sentences with phrase «issue the refunding bonds»

Should TSFC decide to issue the Refunding Bonds in the expected approximate amount of $ 975 million, the issuance and the timing are subject to certain conditions, including but not limited to relevant financial considerations, and to the approval by the New York State Comptroller and by the Director of the Budget of the State of New York.

It was going to pull the old «we're fiscally responsible» scam by issuing refunding bonds just ahead of a huge bond election in November.

The opinion's actually quite long, but it's worth a read, especially if your district issued refunding bonds, which almost all of them did, last year or this year.

Santa Ana Unified, the long - time headquarters for C.A.S.H., was so busy with its project labor agreement that it missed the deadline for issuing refunding bonds.

In addition, numerous districts are now calling their bonds and issuing refunding bonds, which makes the number determined by the California Policy Center to be higher than exact.

Not exact matches

debt obligations of the U.S. government that are issued at various intervals and with various maturities; revenue from these bonds is used to raise capital and / or refund outstanding debt; since Treasury securities are backed by the full faith and credit of the U.S. government, they are generally considered to be free from credit risk and thus typically carry lower yields than other securities; the interest paid by Treasuries is exempt from state and local tax, but is subject to federal taxes and may be subject to the federal Alternative Minimum Tax (AMT); U.S. Treasury securities include Treasury bills, Treasury notes, Treasury bonds, zero - coupon bonds, Treasury Inflation Protected Securities (TIPS), and Treasury Auctions

Second, the tax bill may do away with 2 specific types of municipal bond issues: tax - exempt advance refundings, which are tax - exempt bonds issued to refinance existing municipal debt, and private activity bonds, which are issued by non-government borrowers such as hospitals, airports, and private universities.

The new tax law repeals the tax - exempt interest exclusion for advance refunding bonds, effective for advance refunding bonds issued after December 31, 2017.

Yet, advance refunding issues will no longer qualify for tax exemption going forward (existing bonds will be grandfathered).

The Metropolitan Sanitary District of Greater Chicago plans to refund seven bond issues outstanding through a new issue of $ 266 million in bonds.

The board Tuesday will also vote on issuing $ 82 million in bonds as part of a settlement with Nassau County over tax refunds to utilities.

The current lease payments support PBC bonds issued in 1992 and 1993, and refunding bonds issued in 1999.

«Since the PSF backing became available under 2013 legislation, credit - worthy charter school operators have been able to refund previously issued bonds with the state guarantee, dramatically lowering their borrowing costs.»

Most Series I bonds are issued electronically, but you can purchase paper certificates with a minimum of $ 50 using your income tax refund.

Pre-refunding: Selling a new bond issue to refund (refinance) an old issue prior to the call date of the old bonds.

Refunding: Selling a new bond issue and using the proceeds to call an outstanding issue (usually done to decrease interest costs or extend maturity).

Proceeds of these bonds can be used for expenditures, debt service reserve funds and costs of issuing the bonds but not to refinance capital expenditures, so - called refunding issues.

The TCJA further tightened the market by eliminating «advanced refunding» bonds, issued to replace older bonds at lower interest rates, which have accounted for about 15 % of new issues.5

Paper I Bonds are no longer sold, but they are still issued as a tax refund or to replace or reissue an existing paper bond.

In 2012, the U.S. Treasury shifted to electronic bonds, but paper I Bonds can still be issued as payment for a tax refund or to replace or reissue an existing paper bonds, but paper I Bonds can still be issued as payment for a tax refund or to replace or reissue an existing paper Bonds can still be issued as payment for a tax refund or to replace or reissue an existing paper bond.

Bond Solon reserves the right to vary the timing, date and venue of a course where the occasion necessitates, or to cancel the event and issue a full refund of any fees paid.

Citibank (Eatontown, NJ) 11/2006 — 05/2007 Financial Associate • Received cash, checks, bonds, and loan payments issuing receipts, refunds, credits and change as needed • Resolved customer complaints and answered inquiries in a timely and professional manner • Sorted, counted, and wrapped currency and coins, sold certified checks, money orders, and gift cards • Responsible for collecting ATM deposits and opening and closing of the bank • Assisted in the successful opening of the branch • Trained junior associates in company policies and procedures • Performed all duties with positivity, professionalism, and integrity