Back on Course, DISD Sets $166M Deal

Williamson, Richard
July 2010
Bond Buyer;7/13/2010, Vol. 373 Issue 33348, p1
Trade Publication
The article reports that Dallas Independent School District (DISD) has availed 166-million-dollar Texas Permanent School Fund (PSF) issued by the Internal Revenue Service in Texas. Horacio Aldrete-Sanchez, analyst of Standard & Poor's Corp., stated that the refund would provide greater discipline and financial stability, especially for school development in the region. Larry Throm, chief financial officer of the school, has projected surplus of 23 million dollars for district's fund balance.


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