TITLE

Lake County, Ind., Localities Lose State Tax Warrant Abilities

AUTHOR(S)
Carvlin, Elizabeth
PUB. DATE
May 2004
SOURCE
Bond Buyer;5/17/2004, Vol. 348 Issue 31885, p3
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
Reports that municipalities in Lake County, Indiana, have started looking at borrowing options after the Indiana Bond Bank barred them from borrowing through its tax anticipation warrant program. Concerns of the bank on the uncertainty of the timing of tax revenues due to a taxpayer lawsuit that challenges the state's reassessment program; Possible problems in marketing municipal bonds through the bank.
ACCESSION #
13125823

 

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