Texas School Postpones Sale Pending IRS Ruling on PSF

Albanese, Elizabeth
March 2005
Bond Buyer;3/23/2005, Vol. 351 Issue 32096, p4
Trade Publication
Reports that officials from the Cypress-Fairbanks Independent School District has decided to postpone a planned April 7, 2005 sale of $131 million of unlimited tax school bonds until May 16, 2005 in the U.S. Factor in the district's decision; Benefit of the fund for most Texas unlimited tax school bond issues; Change would expand the fund's capacity by an additional $10 billion.


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