IRS Says Interest on Pennsylvania School District's GOs May Be Taxable
- OKLAHOMA: Logan Debt Nixed Big-Time. Watts, Jim // Bond Buyer;8/31/2010, Vol. 373 Issue 33375, p7
The article reports on the rejection of the proposed 89.8 million dollars lease-revenue bonds of Logan County Independent School District No. 1 in Oklahoma.
- Minneapolis schools offer fewer GOs as bond authorization reaches limit. Shields, Yvette // Bond Buyer;09/04/98, Vol. 325 Issue 30472, p3
Reports on the Minnesota-based Minneapolis Special School District's plan to sell $17.5 million of general obligation (GO) bonds. Figure as lower than GO bond issues made by the school district in previous years; Financial rating firms' evaluation of the GO bond issues.
- KANSAS: Lawrence School GOs Pass. Watts, Jim // Bond Buyer;4/9/2013, Vol. 384 Issue 33891, p7
The article informs that a referendum of 92.5 million U.S. dollars general obligation bond sought by Douglas County, Kansas-based Unified School District 497 has been approved and highlights that this bonds will be used to prevent increase in property taxes.
- IRS discusses tax treatment of new treasury inflation-indexed securities. // Practical Accountant;Nov96, Vol. 29 Issue 11, p18
Reports on the guidance provided by the United States Internal Revenue Service regarding the federal tax treatment of inflation and deflation adjusted securities to be issued by the US Treasury Department. Maturity period and minimum value; Plans by the US government to issue 50 dollar savings...
- San Francisco Schools Heading to Voters for $450M in Nov. Cohen, Jackie // Bond Buyer;8/1/2006, Vol. 358 Issue 32435, p6
The article reports that the San Francisco Unified School District in California is urging voters to approve $450 million in bonding authority at the November 2006 election. The appeal is largely motivated by a federal district court ruling mandating compliance with the Americans with...
- For Us Orem? Albanese, Elizabeth // Bond Buyer;8/1/2006, Vol. 358 Issue 32435, p33
The article reports that an educational consultant has announced that if residents of the city of Orem, Utah, decide to create their own school district, they would still be legally required to repay bonds issued to finance projects in their current district. A law approved earlier in 2006 by...
- Santa Fe, N.M., Schools Near End of $73 Million Authorization. Watts, Jim // Bond Buyer;7/12/2007, Vol. 361 Issue 32669, p4
The article reports that Santa Fe Public School District in Santa Fe, New Mexico will be using most of its remaining authorization from a February 2005 election with its competitive sale of $28.5 million of general obligation bonds (GO). The sale will leave the school district with $5 million of...
- Kansas City-Area Schools Using Mail Ballots in Bid to Pass $82M of GOs. Watts, Jim // Bond Buyer;10/3/2007, Vol. 362 Issue 32726, p35
The article reports on the urge of Wyandotte County Unified School District 203 to let voters approve a $29.9 million bond package in Kansas. The ballots will be mailed on October 26 and must be returned to the county election office on November 13. Projects to be financed with bond proceeds...
- IRS May Be at Odds With Pennsylvania School Notes. Hume, Lynn // Bond Buyer;11/9/2001, Vol. 338 Issue 31262, p1
Reports that the Internal Revenue Service (IRS) may be requesting Pennsylvania's Neshannock Township School District to pay the arbitrage for violating tax laws for its $9.6 million three-year securities. Evidences that confirms the trouble between IRS and the school district; Cause for hiring...