GFOA Proposes Recommended Practices on Derivatives, TIFs

Hume, Lynn
May 2003
Bond Buyer;5/20/2003, Vol. 344 Issue 31639, p32
Trade Publication
The debt committee of the Government Finance Officers Association (GFOA) is proposing recommended practices on derivatives and tax increment financings for municipal issuers in the U.S. Committee members approved the proposed practices at a meeting held on May 17, 2003, just before the formal start of the GFOA annual meeting in Manhattan, New York city. The recommended practices are to be sent to the executive board of GFOA for approval on October 1, 2003. Also at that meeting, debt committee members were told that the GFOA executive board has decided to create a new panel on economic development and capital planning that will work closely with the debt committee on a number of issues.


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