WASHINGTON - Two more California school districts have disclosed that the Internal Revenue Service has preliminarily determined that their bonds are taxable, the latest in a series of school district deals put together by California underwriter Kinsell, Newcomb & De Dios Inc. that have come under the agency's scrutiny.

In material event notices sent to nationally recognized securities information repositories late Friday, the Centinela Valley Union High School District and the Pomona Unified School District disclosed that $39.2 million of 2004 general obligation refunding bonds and $24.1 million of 2001 GO refunding bonds, respectively, have been preliminarily determined to be taxable by the IRS.

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