An Overview on Municipal Securities

California school and community college districts have numerous borrowing options when seeking additional funding including:

-          General obligation bonds
-          Mello-Roos bonds
-          Bond anticipation notes
-          Certificates of participation
-          Tax and revenue anticipation notes 

Each of these municipal securities have different attributes and a district may elect to issue a certain municipal security depending on their unique situation. The video above provides a brief overview of the differences between them.

For more information, please contact us.

Disclosures