Arbitrage Interest Rules and School District Borrowing.

Weldon, Ward

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ERIC Number: EJ383829

Record Type: Journal

Publication Date: 1989

Pages: N/A

Abstractor: N/A

ISBN: N/A

ISSN: N/A

EISSN: N/A

Arbitrage Interest Rules and School District Borrowing.

Weldon, Ward

School Business Affairs, v55 n1 p10-13 Jan 1989

The Tax Reform Act of 1986 limited the ability of school districts to borrow money through the sale of tax-exempt bonds and then invest bond issue proceeds at interest rates higher than those paid on the bonds. Discusses practical considerations and public policy ramifications. (MLF)

Descriptors: Compliance (Legal), Educational Finance, Elementary Secondary Education, Federal Regulation, Federal State Relationship, Interest (Finance), Investment, Public Schools, School Districts

Publication Type: Journal Articles; Guides - Non-Classroom; Legal/Legislative/Regulatory Materials

Education Level: N/A

Audience: N/A

Language: English

Sponsor: N/A

Authoring Institution: N/A

Identifiers - Laws, Policies, & Programs: Tax Reform Act 1986

Grant or Contract Numbers: N/A