TITLE

Texas PSF Nears Debt Capacity, Costing Schools Dearly

AUTHOR(S)
Albanese, Elizabeth
PUB. DATE
June 2002
SOURCE
Bond Buyer;6/18/2002, Vol. 340 Issue 31410, p30
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
Reports the effects of the school finance formula and the Permanent School Fund's (PSF) capacity to guarantee debts on districts to turn to alternative bond insurance in Texas. Nature of the triple-A benefit; Complexities in the school finance formula; Application requirement of the PSF guarantee.
ACCESSION #
6921975

 

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