School bonds

The outlook revision from negative comes as the school system prepares to tap more of its record $2.44 billion of voter-approved bond authorization next year.

Proceeds from the social bond issue will go to support high-performing public charter schools across the United States and promote educational equity.

The constitutional amendment removes a special debt limit placed on small city school districts; now they will be treated the same as other school districts.

Teacher shortages and enrollment declines due to growing charter and private schools are two of the problems affecting school financing.

Nevada state officials have partnered with two companies that specialize in working with charter schools to create a $100 million revolving loan fund to build schools and refund existing high-interest debt.

School districts and local governments may only hold bond elections once a year now, in November. They also face new state-imposed revenue limits.

The school district plans to price $670 million in a combined new money-refunding deal next week.

Since the COVID-19 pandemic Gretchen Sherwood has co-lead Nixon Peabody's Project Finance and Public Finance practice groups' 50 member bi-weekly team calls.

Increasing private school enrollment has little to do with falling California public school enrollment, according to the Public Policy Institute of California.

Recent laws extend the statute of limitations for child sexual abuse victims to file civil claims, impacting California school districts and counties.

Moody's boost to Aa1 to the Desert Community College District affects more than half a billion dollars of general obligation debt.

Treasurer Dale Folwell said the law protects retirees' money from being used for what he called Wall Street's "wacktivist" agenda.

Escalating costs, particularly for wages, could strain budgets or drain reserves, the rating agency said.

The Board of Education approved a fiscal 2024 budget amid warnings about the need for more state help to manage a gap of up to $700 million in fiscal 2026.

As the Republican-controlled state House and Senate remain divided on how to deliver a historic tax cut, the governor vetoed dozens of bills to pressure lawmakers.

The nonprofit, which provides low-interest loans to public charter schools, aims to offer another $3 billion in loans by 2030 and price more bonds in August.

CPS expects to close the current fiscal year with a clean slate on short-term borrowing for a second year in a row but it will still rely on TANs to manage liquidity throughout the next fiscal year.

California senators approved a school bond measure that supporters say could help reduce the state's $117 billion in school construction needs.

Amid rising construction costs and supply chain shortfalls, some California school bond projects are being redesigned, accelerated or delayed.

A change by the IRS increases the Permanent School Fund's capacity by nearly 86%, allowing its triple-A school bond guarantee to be widely available again.