Some Pennsylvania Schools to Sell Ahead of Law

D'Ambrosio, Jill
August 2004
Bond Buyer;8/2/2004, Vol. 349 Issue 31938, p4
Trade Publication
Reports on the plan of school districts to sell debt or enter into forward bond purchase agreements in Pennsylvania. Efforts of the school districts to realize the plan before the imposition of a state law that would limit their ability to issue general obligation bonds; Prediction for an increase in the sale of bonds; Move of the state government to reduce local property taxes by replacing the revenue with funds generated from slot machines.


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