Options to Relieve the Stress in Your School CPF
School districts across Indiana are feeling the pain of declining or flat-lined revenue for their Capital Project Fund (CPF). That won’t come as news to most districts, but it is nice to know you’re...
View ArticleSchool Budgeting – A Changing Paradigm
We have a very different paradigm today in projecting school enrollment and the funding that accompanies it. For as long as most of us can remember, relatively straightforward demographics determined...
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School Districts’ 1782 Notices Require Extra Attention this Year
Every year at this time local governmental units receive their Notice of Final Budget Recommendation (more commonly referred to as the 1782 Notice) from the Department of Local Government Finance...
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Saving Money by Refinancing Debt
This has been a busy season for school districts and other local government units to refinance bonds. In these times of tight budgets, any money you can save by refinancing is particularly welcome....
View ArticleTips & Shortcuts for Schools Entering Budgets into Gateway
The Department of Local Government Finance (DLGF) launched the Gateway program last year, which required all taxing units (except schools) to input and submit their budgets electronically. This year,...
View ArticleTax Credit Bond Issuers’ Payments May Increase Under Sequestration
If your school district or local governmental unit issued direct payment Build America Bonds (BAB’s), including Qualified School Construction Bonds (QSCB’s), Qualified Zone Academy Bonds (QZAB’s),...
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Take Advantage of Changes in Pension Debt Neutrality to Manage Total School...
Recognizing that many school corporations are struggling because property tax caps are reducing revenues, the Indiana General Assembly enacted temporary changes in the amount of pension debt payments...
View ArticleThink Long Range About School Pension Bond Refunding Options
In the November 28 issue of Footnotes we discussed how school districts can take advantage of temporary reductions in the school pension debt neutrality requirement in 2013-2015 to manage their total...
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Sequestration – What Does it Mean to Schools and Local Governments?
When we explored the potential effects of sequestration on bond interest rates for school districts and municipalities throughout Indiana in the October 24, 2012 issue of Footnotes, sequestration was a...
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Funding One-To-One Technology for Your Schools
Schools across Indiana are pushing to get technology into the hands of every student – whether that’s a tablet computer or a laptop. One-to-one technology initiatives require a significant investment...
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