Almost $24.75 million of limited obligation revenue bonds issued in 2005 and 2010 for the Old Redford Academy charter school in Detroit could become taxable and have been downgraded by Standard & Poor's because the Internal Revenue Service revoked the school's foundation's tax-exempt status.
IRS Revocation of Foundation's Tax-Exempt Status Threatens Charter School Bonds
JAN 23, 2013 4:14pm ET
You must be registered to post a comment. Click here to register.
Already registered? Log in here
Land isn't the only thing drying up in California, as the drought's economic impacts are dangerously closing in on the state's financial resources.
the bond buyer conferences
March 26-28, 2014Fontainebleau Miami Beach, Miami Beach, FL
May 1- 2, 2014Hyatt Regency, Baltimore, MD