Mostly Navajo School District Leveraging Federal Impact Aid

Watts, Jim
August 2004
Bond Buyer;8/31/2004, Vol. 349 Issue 31959, p42
Trade Publication
Reports that the pricing of 15.7 million dollars in federal impact aid revenue bonds from a school district in the Navajo Reservation of northern Arizona will be the first sale that does not eliminate property tax within the issuing district. Property tax base of Page Unified School District No. 8 of Coconino County; Background history on the federal impact aid program established by Congress in the 1950s.


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