Sentences with phrase «school bond debt»

Residents in both districts pay the same property tax rate of $ 1.04 per $ 100 of property valuation - which does not include school bond debt service.

But in the long shadow of a $ 1.6 billion school bond debt that has never fully delivered for students, taxpayers have reason to doubt that a new parcel tax on homeowners will improve schools, retain teachers, or elevate student achievement.

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 wbonds, Qualified School Construction Bonds in the US, and bonds issued to finance debt restructuring around the wBonds in the US, and bonds issued to finance debt restructuring around the wbonds 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...

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 proschool 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 proschool 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 proSchool overcrowding and, «the No. 1 priority»: continued retirement of bond debt from the last 15 years of construction projects.

Debt will be partly reduced by record low bond yields — allowing Osborne to argue that by sticking with the programme we win market confidence and can afford to direct more money to schools and hospitals.

That is because it does not factor in debt service on school bonds, which accounts for $ 1.7 billion and may be an oversight in the bill language.

But less than a month after the July contributions, a two - page memo went from Cuomo's Division of the Budget to the state's Dormitory Authority, which issues debt on behalf of schools and hospitals that have less experience (and scale) in the municipal bond market.

Additional reserves are occasionally required as part of debt covenants, especially regarding bonds or loans for school buildings.

«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.»

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, analystsSchool 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, analystsschool construction bonds retains top credit ratings despite its increasing support for riskier charter school debt, analystsschool debt, analysts said.

Data from the California Debt and Investment Advisory Commission revealed that school districts have authorized at least $ 75.2 billion in local bonds for school facilities since 1998.

At the time, the bond industry news covered it in depth, California's Cash - Out Deals Stir Debate and so did the San Jose Mercury News School districts, including many in valley, on thin ice in refinancing bond debt.

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.

Wall Street has generally been reluctant to buy up debt from charter schools, at least in part over concerns that funding can fluctuate and that an authorizing agency could terminate an operating agreement without regard to the terms of a bond.

In 1993, California law was changed so that school and college districts could use an innovative form of debt finance called zero - coupon bonds, also known as Capital Appreciation Bbonds, also known as Capital Appreciation BondsBonds.

Focusing on the amount of debt service generated by Capital Appreciation Bonds ignores the intangible benefits of high - quality schools with environments conducive to teaching and learning

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 ofschool construction since the enactment of Senate Bill 50, the Leroy F. Greene School Facilities Act ofSchool Facilities Act of 1998.

Meanwhile, Gov. Jerry Brown has issued a call for the state to reduce its reliance on bond financing — and the debt that comes with it — to support school construction.

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.

«It is not exactly «money in the bank» because we have not sold the bond yet and we haven't collected taxes from our tax base to pay off the bonds, but we do have voter authority to sell the bonds as long as we fall within our debt ceiling capacity,» he told LA School Report.

Because the Board has issued alternate revenue bonds for which property tax levies are not extended, these bonds do not count against the legal debt limit imposed by the Illinois School Code.

According to John Musso of the Association of School Business Officials International, advance refund bonds «are a cost - effective way for districts to refinance high - interest debt at lower - interest rates, potentially saving hundreds of thousands of taxpayers» dollars in lower debt payments.

The state may subsidize bond financing by supplementing local tax revenue for debt service and may also guarantee bonded debt with state assets, which can help schools qualify for more favorable rates.

In California, Gov. Jerry Brown — focused on eliminating debt — has suggested that the state move away from selling bonds to support school construction which, in effect, would dismantle the decades - old School Facilities Prschool construction which, in effect, would dismantle the decades - old School Facilities PrSchool Facilities Program.

«If schools aren't willing to pay the mortgage on debt on their bonds why should we?

The Tribune, WBBM - AM radio and Crain's jumped on the bandwagon, though none of these reports emphasized our concern that UNO might be using its charter school students and promises of more rapid expansion as collateral for its bond debt.

Talk of a move to re-establish state fiscal oversight of the city's schools has circulated since the summer and comes as bond ratings agencies have dropped CPS» debt deeper into junk status in advance of district plans to add more than $ 850 million to its overall debt load.

Coterminous: Overlapping debt, such as the bonds of a city and a school district where both debts are being paid by the same tax base (taxpayers).

The «B» bonds kick in after the «A» bonds give out, which means that if future politicians want to do capital improvement projects in the Poway school district, they will have to wait a while, until debt gets paid down.

Right now it's tough for charter schools to access debt, although some can finance their projects with tax - exempt bonds.