Localities in Indiana's Lake County to Borrow Despite Tax Feud

Carvlin, Elizabeth
December 2004
Bond Buyer;12/28/2004, Vol. 350 Issue 32038, p28
Trade Publication
The article reports that Indiana Bond Bank officials plan to bring about $650 million of short-term notes to market in January 2005 with about $100 million of that privately placed for Lake County municipal borrowers, thus ending a ban on those entities' ability to borrow through the bond bank. The bond bank will issue about $550 million of notes to replenish its regular pool of funds available for local entities. The bond bank barred Lake County governments from using its note program in May 2004 after a Lake County court ruled that the state reassessment of the county's taxes was unconstitutional and ordered the county to refrain from collecting taxes under the new formula.


Related Articles

  • Lake County, Ind., to Sell $54M of Warrants. Carvlin, Elizabeth // Bond Buyer;6/25/2004, Vol. 348 Issue 31913, p5 

    Reports that the officials of Lake County, Indiana will issue tax anticipation warrants to raise cash through Bank One as the Indiana Supreme Court reviewed a lower court judgment which ruled that the county's tax reassessment was unconstitutional. Indiana Bond Bank's prohibition of the county...

  • Rate-capping: crippling local government. Jones, George // Accountancy;Feb1984, Vol. 95 Issue 1086, p10 

    Criticizes the proposal of the British government to limit the right of a local authority to determine the level of the tax levied. Goal of limiting the local expenditure; Transformation of the local government into a local administration.

  • Rate-capping: why the critics have got it wrong. Watts, John // Accountancy;Mar1984, Vol. 95 Issue 1087, p17 

    Reports on the controversy surrounding the British government's proposals in the Rates Bill to take powers from the local government to limit the rates imposed by high-spending authorities. Disagreement between the central and local government over the level of local spending; Importance of...

  • Colombia: Flattener On Hold, But Still Bearish Short End.  // Emerging Markets Monitor;1/24/2011, Vol. 16 Issue 40, p12 

    This article offers a forecast for Colombia's local government debt in 2011.

  • Louisiana State Bond Commission Gives Nod to $200 Million of Deals. DeSue, Tedra // Bond Buyer;8/16/2002, Vol. 341 Issue 31451, p4 

    Reports on the approval of debt payment deals for local agencies by the Louisiana State Bond Commission. Total amount of debt; Funds needed for drainage revenue bonds; Improvement of health care services.

  • MINNESOTA: TIF GO Debt Analyzed. Shields, Yvette // Bond Buyer;2/8/2012, Vol. 379 Issue 33660, p7 

    The article reports on the move of local governments in Minnesota in receiving 140 million dollars of outstanding general obligation bond debt in 2010 related to tax-increment financing districts.

  • CORRECTION.  // Indianapolis Business Journal;4/27/2009, Vol. 30 Issue 8, p10 

    A correction to an article about Indiana Bond Bank is presented.

  • Scots still lag in paying council tax. Scott, David // Public Finance;7/28/2006, p12 

    The article reports on a study which found that councils in England and Wales are more successful at collecting council tax than their counterparts in Scotland. The study, conducted by researchers at Heriot-Watt University in Edinburgh on behalf of the Scottish Executive, identified poverty as...

  • New Jersey to Sell $1.5B Tomorrow To Make Up for Tax-Collection Lull. D'Ambrosio, Gillian // Bond Buyer;9/15/2003, Vol. 345 Issue 31719, p34 

    Reports on the plans of New Jersey to issue $1.5 billion in tax and revenue anticipation notes to offset fall in tax collections. Underlying ratings for the notes; Intended use of proceeds from the notes; Shortfall in revenue collections for July and August, 2003 in comparison with target figures.


Read the Article


Sign out of this library

Other Topics