S.C. Schools Make Rush To Market

DeSue, Tedra
August 2006
Bond Buyer;8/7/2006, Vol. 358 Issue 32439, p1
Trade Publication
The article reports that school districts in South Carolina will sell about $350 million of installment purchase revenue bonds before a law prohibiting them goes into effect. According to the article, the school districts are being criticized for using the bond issuance to get around a state-imposed debt limit. Meanwhile, school districts argue that the financing provided them with a funding mechanism needed in light of the cap.


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