For school systems, the Tax Reform Act of 1986 increased the relative cost of borrowing and put greater limits on investment opportunities. Offers tips to help school boards ask the right questions to take advantage of all possible opportunities. (MLF)

Aurora (Colorado) public schools followed 10 suggestions to win a recent bond election, including starting a year before the election, analyzing community relations, establishing a citizens' committee and an election task force, developing resource materials (including fact sheets), setting a timetable, seeking out "yes" votes, and…

Education, community, and business organizations are now organizing public forums to address school repair and modernization. This report discusses the need for school modernization assistance, the impact of inadequate school facilities on student learning, school construction planning to receive construction bond allocations, and examples of ways…

School systems with a rating of "A" or lower can save money by insuring their bonds because, in almost every instance, the reduced borrowing cost more than offsets the bond insurance premium. Included is a list compiled by Donna Harrington-Lueker of the four major players in the bond insurance field and elements to consider in choosing…

Explains how school systems can fund a self-insurance program with a bond issue. To meet the costs involved, a group of school systems or other governmental entities can join to create a risk pool. (MLF)

Notes four strategies that will almost certainly result in losing a school bond election, then discusses four strategies that increase the probability of passage. (SR)

Provides an overview of changes in Treasury Regulations as they affect school debt financing, including bond and note construction and acquisition issues, other types of equipment and property financing, as well as tax and revenue anticipation notes for working capital needs. (MLF)

A rural Wisconsin school district passed a $5.5 million referendum package on the first try. Credit is given to a 20-minute video edited by a volunteer school-board member. The amateurish, homemade effort did not seem to hurt the video's effectiveness. An address is given to obtain a copy of the video. (MLF)

Discusses how including the community in the decision-making process for school design helps prioritize design needs in new school construction and inspires customization and creativity. Highlights an example of how community inclusion can help sell new-construction bond issues. (GR)

In the Greenwich (New York) Central School District, after a complete engineering study determined the renovations needed, the superintendent and a citizens' committee sold the community on a bond issue to reroof four buildings with a silicone urethane system. The bonds will be paid back from savings on energy costs. (Author/MLF)

Explains how one North Carolina school district was able to pass high-dollar bond issues for school construction. Discusses the planning and bidding processes, and the district's philosophy towards incorporating innovative changes in design and equipment. (GR)

To help school districts comply with Oregon's school bond laws, this manual provides guidelines for school district attorneys and personnel in the issuance and sale of school bonds. The document describes the proper time sequence of the bonding procedure, including elections, school board authorizations, necessary certificates, bond registration…

Intended for local municipal officials and their advisors on public finance issues, this publication describes the legal environment surrounding bonds and examines some of the factors affecting the political feasibility of bond issues. Four categories of state controls of municipal bonds are discussed: limits on the amount of debt municipalities…

An executive of Moody's Investors Service explains what past experience has taught the company about municipal analysis, how a bond issue is assigned a credit rating, and what issuers can do to obtain the best rating. (MLF)

Explains the proposed revisions to Internal Revenue Service regulations that would require school districts to calculate the earnings on investments and deduct these earnings from bond obligations. Demonstrates how the revisions would restrict use of the proceeds of short-term investment of borrowed funds and limit cash on hand. (MLF)