The Fed Cut Interest Rates to Zero
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On Sunday, the Federal Reserve cut interest rates by 1% to a range of 0% to 0.25% from a range of 1% to 1.25%.
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What is a Tax and Revenue Anticipation Note?
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Tax and revenue anticipation notes are short-term financings issued by California school and community college districts to manage cash flow deficits.
Read MoreWhat is a Parcel Tax?
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A parcel tax is a special tax that can be used by California school and community college districts to generate additional revenue outside of State funding.
Read MoreCalifornia School Bond Credit Ratings
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When California K-14 issuers decide to issue new debt such as general obligation bonds or certificates of participation, part of the process likely involves seeking a credit rating for such financing.
Read MoreWhat Are Annual Debt Transparency Reports?
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In addition to annual continuing disclosure requirements for California school district financings, districts are now also required to file an annual debt transparency report (“ADTR”) with the California Debt Investment Advisory Commission (“CDIAC”) for financings issued after January 21, 2017.
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