Despite government commitments to Education for All (EFA) and Millennium Development Goals (MDGs) to improve access to education, more than 18 million primary-aged children remain out of school in the Asia-Pacific (UNESCO, 2014). Given the impact of education on individuals, societies, and economies, there is great urgency for governments to…

The Internal Revenue Service (IRS) has announced that post-issuance tax compliance is among its highest priorities. This is supported by the recently imposed annual reporting requirement on nonprofit corporations regarding the application and use of tax-exempt bonds issued for their benefit. School districts issuing tax-exempt bonds often spend…

The federal government has traditionally given local school districts an indirect subsidy by allowing them to issue tax-exempt bonds. Because the bondholders pay no tax on the interest income, they are willing to take a bond bearing interest at, say, 4.5% rather than 6%. Such lower interest is great for the school district because it saves the…

This article discusses the library referenda in 2004. Some of the trends that emerged included: dueling libraries in Rhode Island, big wins for big cities, erosion of voter support for libraries in the Illinois heartland matched with the emergence of library support in the Southwest and the re-upping of big California taxes.

Discussion of problems associated with using bond funding for library acquisitions focuses on experiences at Louisiana State University. Topics addressed include books as collateral; partial payment problems; collateral-based restrictions; taxes; invoicing; delayed payment; and recommendations for how to prepare for bond funding of library…

Presents a New Jersey school board's method for revenue raising through bond approvals by the community. The key to this board's success is the involvement of citizens in the early decision-making process. (MD)

Traditionally, local school districts have shouldered the burden of funding school infrastructure in the name of local control, relying upon local property tax revenues and the willingness of local voters to approve bond issues. Given vast disparities in school districts' property wealth, gross inequities in school facilities will remain without…

This booklet provides information about the state of Mississippi's Prepaid Affordable College Tuition Program. The state-guaranteed program creates tax-exempt monthly or lump-sum prepayment plans that cover tuition and all mandatory fees at state-supported colleges or universities, are portable to private and out-of-state schools, and can be…

This report on Michigan's demographics examines the changing composition of Michigan's households and the ramification for Michigan schools. The report states that between 1980 and 2000, Michigan's population grew by 7.3 percent, while the number of households grew by 590,448, or 18 percent. Households are growing faster than the population…

How state governments should finance public college and university facilities is discussed. A framework for analyzing the capital financing alternatives available to state governments is described. Several alternatives in Arizona--including state appropriations, leasing, and revenue bonding--are considered as an illustration. (Author/MLW)