School Funding Law Weighed

DeSue, Tedra
July 2006
Bond Buyer;7/6/2006, Vol. 357 Issue 32417, p27
Trade Publication
The articles reports on the impending issuance of $65.4 million tax anticipation notes by the Charleston County School District, South Carolina as Moody's Investors Service is considering a new law that changes the main revenue source for districts throughout the state. Moody's is reviewing the potential credit impact on school districts of the legislation that exempts all owner-occupied residential property from ad valorem taxation to fund school district operations.


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