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Peer reviewedWyatt, Terrence M.; Sparkman, William E. – West's Education Law Reporter, 1988
The United States Supreme Court has made it clear that Congress can tax state bonds. All public purpose bonds issued by school districts must be issued in a registered format in order to continue their tax-exempt status. (MLF)
Descriptors: Bond Issues, Compliance (Legal), Court Litigation, Elementary Secondary Education
Herlong, William – American School Board Journal, 2002
Describes how Greenville (South Carolina) Board of Education used installment purchase arrangement, coupled with a nonprofit corporation, to finance school construction. (PKP)
Descriptors: Board of Education Role, Bond Issues, Capital Outlay (for Fixed Assets), Court Litigation
Crosby, Bobby L. – 1988
This paper discusses five scenarios that have had an impact on school finance in the state of South Carolina during recent years. These scenarios include (1) the Education Finance Act of 1977 (EFA); (2) the Education Improvement Act of 1984 (EIA); (3) the issue of fiscal independence; (4) school fees; and (5) school bonds. The EFA was designed to…
Descriptors: Boards of Education, Bond Issues, Change Strategies, Educational Benefits
