Eligible issuers
of school construction bonds and zone academy bonds can receive payments equal to the lesser of the actual interest rate of the bonds or the tax credit rate for municipal tax - credit bonds, which the Treasury sets daily.
Torlakson said voters approved two - thirds
of the school construction bonds on June ballots and he believes they will also support local bond measures in November, along with a statewide bond measure in 2014.
(Calif.) Hundreds of millions of dollars would be reserved for building or remodeling charter schools and career - technical education facilities under terms
of a school construction bond measure set to go before voters next year.
Not exact matches
In particular, the New York - based bank is known for its expertise in the issuance
of catastrophe
bonds, Qualified School Construction Bonds in the US, and bonds issued to finance debt restructuring around the w
bonds, Qualified
School Construction Bonds in the US, and bonds issued to finance debt restructuring around the w
Bonds in the US, and
bonds issued to finance debt restructuring around the w
bonds issued to finance debt restructuring around the world.
Also called «munis» for short, municipal
bonds are debt obligations issued by a state, municipality, or a county to finance its capital expenditures, such as
construction of highways,
schools, hospitals, and...
Voters in Mt. Prospect - based River Trails Elementary District 26 approved a 50 - cent increase in the education fund rate, to $ 2.60 per $ 100, while their counterparts in Huntley Consolidated
School District 158 agreed the district should sell $ 18 million in
bonds to fund the
construction of two new
schools.
FRANKFORT — Summit Hill
School District 161 board members approved the sale of $ 16.4 million in construction and renovation bonds this week, a move made possible by passage of a $ 23.9 referendum proposal in April for school construction and renov
School District 161 board members approved the sale
of $ 16.4 million in
construction and renovation
bonds this week, a move made possible by passage
of a $ 23.9 referendum proposal in April for
school construction and renov
school construction and renovation.
The referendum will seek $ 115 Million in funding for three
school construction projects, major renovations and repairs, continuation of CCSD's National award - winning technology program, replacement of aging school buses, land acquisition with a focus on a solution for Cherokee High School overcrowding and, «the No. 1 priority»: continued retirement of bond debt from the last 15 years of construction pro
school construction projects, major renovations and repairs, continuation
of CCSD's National award - winning technology program, replacement
of aging
school buses, land acquisition with a focus on a solution for Cherokee High School overcrowding and, «the No. 1 priority»: continued retirement of bond debt from the last 15 years of construction pro
school buses, land acquisition with a focus on a solution for Cherokee High
School overcrowding and, «the No. 1 priority»: continued retirement of bond debt from the last 15 years of construction pro
School overcrowding and, «the No. 1 priority»: continued retirement
of bond debt from the last 15 years
of construction projects.
The $ 19.4 million Barrington
bond sale would allow the
construction of two new elementary
schools and an addition at the district's middle
school.
Buffalo, NY — The Erie County Industrial Development Agency's Board
of Directors approved incentives for two projects Wednesday, and agreed to refinance
bonds for the Joint
Schools Construction Board, saving the Buffalo
School District nearly $ 30 million in financing costs.
They have no taxing power, no access to state capital budgets, and, ordinarily, no
bonding authority — they are shut off from the prevailing public sources
of revenue for
school construction.
Two years after voters rejected a statewide
school -
construction ballot initiative for the first time, Californians will decide next week whether the state can sell $ 3 billion in
bonds for
construction and repair
of the education infrastructure.
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.
Construction bonding authority — a technical, and often obscure, source
of capital funding for
school districts — has emerged as a hot ticket for those looking to finance
school facilities work under the federal government's economic - stimulus program.
Unlike regular public
schools, which have the authority to seek taxpayer - backed
bonds for renovating
school buildings and new
construction, charter
schools have no such mechanism in place to offset their facilities costs, which often come out
of their operating budgets.
Bond, an Everett - based
construction management firm whose specialties include academic projects, said that it recently held a topping - off ceremony for the 15,000 square - foot renovation and 5,000 square - foot vertical expansion
of Longfellow Hall at the Harvard Graduate
School of Education.
«In 2008 alone, state and local governments spent more than $ 66 billion to improve the overall quality
of school facilities, and another $ 400 billion is owed in
school improvement and
construction bond debt.»
That would free up about $ 1.3 billion a year from interest and other revenues earned on
school construction bonds, according to the American Association of School Administrators in Arlington
school construction bonds, according to the American Association
of School Administrators in Arlington
School Administrators in Arlington, Va..
Six charter
schools will receive more than $ 48 million in such aid this month from revenue generated by a statewide
school construction bond passed in November
of last year.
DALLAS — The Texas Permanent
School Fund that guarantees more than $ 70 billion of public school construction bonds retains top credit ratings despite its increasing support for riskier charter school debt, analysts
School Fund that guarantees more than $ 70 billion
of public
school construction bonds retains top credit ratings despite its increasing support for riskier charter school debt, analysts
school construction bonds retains top credit ratings despite its increasing support for riskier charter
school debt, analysts
school debt, analysts said.
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.
Prop. 51 means California will issue $ 9 billion in
bonds to improve the
construction of school facilities for K - 12 and community colleges.
In addition, local
school districts and universities use tax - free
bonds to finance
construction and remodeling
of school buildings.
In a report to the Legislature on
school facilities, the LAO recommends that instead
of relying on voter - approved
bonds to help pay for
construction and upkeep, the state should create a grant program that awards funds based on student attendance and district need.
A new website launched this week to encourage the passage
of the Public
School Building Bond Act (HB 866 / SB 542), to get a school construction bond on the statewide ballot in November
School Building
Bond Act (HB 866 / SB 542), to get a school construction bond on the statewide ballot in November 2
Bond Act (HB 866 / SB 542), to get a
school construction bond on the statewide ballot in November
school construction bond on the statewide ballot in November 2
bond on the statewide ballot in November 2018.
Utilizing a $ 10 million federal enhancement grant and a $ 100,000 contribution from the Texas Education Agency (TEA), TCEP provides credit enhancement for municipal
bonds that provide financing for the acquisition,
construction, repair or renovation
of Texas charter
school facilities (including certain refinancing
of facilities debt that meet federal guidelines), by funding a debt service reserve fund for such issuances.
This proposal injects a bit
of «pay - as - you - go» from district general funds into educational facilities
construction — a departure from the
bond debt financing that has driven
school construction since the enactment of Senate Bill 50, the Leroy F. Greene School Facilities Act of
school construction since the enactment
of Senate Bill 50, the Leroy F. Greene
School Facilities Act of
School Facilities Act
of 1998.
Few Californians realize how much debt they've imposed on future generations with their votes for
bond measures meant to fund the
construction of new and modernized
school facilities.
But lawmakers and
school facilities advocates have continued to lobby for a new
bond, saying there's no way
schools can afford on their own to pay for all
of their maintenance and
construction needs, which number in the tens
of billions
of dollars.
In addition, potential district contractors are able to promote
school bond measures through California's Coalition for Adequate School Housing (C.A.S.H.), whose membership «contains over 1,500 school districts, county offices and private sector businesses, including architects, attorneys, consultants, construction managers, financial institutions, modular building manufacturers, contractors, developers, and others that are in the school facilities industry... C.A.S.H. has sponsored or supported over $ 52 billion in statewide school bonds to build and / or modernize thousands of schools.&
school bond measures through California's Coalition for Adequate
School Housing (C.A.S.H.), whose membership «contains over 1,500 school districts, county offices and private sector businesses, including architects, attorneys, consultants, construction managers, financial institutions, modular building manufacturers, contractors, developers, and others that are in the school facilities industry... C.A.S.H. has sponsored or supported over $ 52 billion in statewide school bonds to build and / or modernize thousands of schools.&
School Housing (C.A.S.H.), whose membership «contains over 1,500
school districts, county offices and private sector businesses, including architects, attorneys, consultants, construction managers, financial institutions, modular building manufacturers, contractors, developers, and others that are in the school facilities industry... C.A.S.H. has sponsored or supported over $ 52 billion in statewide school bonds to build and / or modernize thousands of schools.&
school districts, county offices and private sector businesses, including architects, attorneys, consultants,
construction managers, financial institutions, modular building manufacturers, contractors, developers, and others that are in the
school facilities industry... C.A.S.H. has sponsored or supported over $ 52 billion in statewide school bonds to build and / or modernize thousands of schools.&
school facilities industry... C.A.S.H. has sponsored or supported over $ 52 billion in statewide
school bonds to build and / or modernize thousands of schools.&
school bonds to build and / or modernize thousands
of schools.»
His plan places responsibility for the bulk
of school construction costs on individual districts, many
of which already use local
bond monies to leverage the state match.
The State Allocation Board voted Wednesday to conditionally open $ 408 million in available
school construction bonds to shovel - ready districts regardless
of their place on a waiting list.
For example, the majority
of charters typically must pay for facilities out
of general operating funds, and have limited access to public buildings — unlike
school districts, which can access
bonds for
school construction and modernization.
There is no shortage
of interest among education institutions looking to capitalize on the $ 22 billion in tax credits available over the next two years through the Qualified
School Construction Bond (QSCB) program...
Authority for states and
school systems to issue $ 24.8 billion dollars in
bonds over the next 10 years for renovation, repairs and
school construction that will be retired through a combination
of local, state and federal dollars.
Bond proceeds will be expended on the modernization, renovation, expansion, acquisition,
construction / reconstruction, rehabilitation, and / or replacement
of school facilities of the Laton Joint Unified School District, including the furnishing and equipping of such school facil
school facilities
of the Laton Joint Unified
School District, including the furnishing and equipping of such school facil
School District, including the furnishing and equipping
of such
school facil
school facilities.
The CSFP provides preliminary apportionments, or reservations
of bond authority, for charter
school new
construction and rehabilitation projects.
Already eligible for the ballot is the «Kindergarten Through Community College Public Education Facilities
Bond Act
of 2016,» which would authorize $ 9 billion in general obligation
bonds, including $ 3 billion for new
construction and $ 3 billion for modernization
of K - 12 public
school facilities, $ 1 billion for charter
schools and vocational education facilities and $ 2 billion for California Community Colleges facilities.
The Logan City
School District Board
of Education on Tuesday approved the sale and issuance
of a $ 4.8 million Municipal Building Authority
bond to pay for seismic upgrades and other additions to Logan High while it is still under
construction.
No Teacher or Administrator Salaries: Proceeds from the sale
of the
bonds authorized by this proposition shall be used only for the acquisition,
construction, reconstruction, rehabilitation, or replacement
of school facilities, including the furnishing and equipping
of school facilities, and not for any other purpose, including teacher and
school administrator salariesLawyer Trick!Another new twist on lawyers trying to get you to approve changing the prohibition in the Constitution on the use
of bond funds for administrator salaries.
(Most
of the iPad funding is coming from
school construction bonds that can't be spent on employee salaries or
school supplies.)
He was successful in the fundraising and
construction of the JRE Centennial Library in 1981 and leading the passage
of the 1983
bond election and
construction of Payson Elementary
School.
Join Superintendent
of Schools Alberto M. Carvalho for a Town Hall Meeting to discuss student achievement,
school safety & security, 21ST Century
Schools Bond /
Construction Program, and education funding.
West Contra Costa, the
school district currently facing a federal investigation
of its out -
of - control
bond construction program, remains a mismanaged operation in desperate need
of new leadership.
The Department
of Education and the Virginia Public
School Authority (VPSA) shall provide a program of funding for school construction and renovation through the Literary Fund and through VPSA bond
School Authority (VPSA) shall provide a program
of funding for
school construction and renovation through the Literary Fund and through VPSA bond
school construction and renovation through the Literary Fund and through VPSA
bond sales.
For the first time, the political arm
of the California Charter
Schools Association campaigned heavily against a proposed school construction bond in a district that hadn't agreed to share the proceeds with charter s
Schools Association campaigned heavily against a proposed
school construction bond in a district that hadn't agreed to share the proceeds with charter
schoolsschools.
Alonso's speech marked the first public acknowledgment that the city hopes to model its
construction funding plan on a groundbreaking
schools project in Greenville, S.C. Transform Baltimore, a coalition
of education advocates led by the American Civil Liberties Union, has been lobbying city leaders to carry out Greenville's plan, which would require a nonprofit or other entity to float the
bonds on behalf
of the
school system.
Supported local and state
bond measures resulting in
construction of five new
school facilities.
Bond proceeds can be used for «
construction, reconstruction, rehabilitation, or replacement
of school facilities, including the furnishing and equipping
of school facilities, or the acquisition or lease
of real property for
school facilities.»