Billings Public Schools $2,000,000 Elementary QZAB $2,420,000 Elementary QSCB $7,580,000 High School QSCB September 27, 2010 – School Board Meeting Bridget.

Slides:

Advertisements

Similar presentations

Oakland Unified School District Long Term Obligations May 8, 2008 Ruth Alahydoian Vice President KNN Public Finance.

Advertisements

Summary of $475 million Bond Issue and Capital Financing Options Practiced By the State System of Higher Education in Oklahoma Practiced By the State System.

0 STATE OF CALIFORNIA GENERAL OBLIGATION BOND PROGRAM UPDATE ASSOCIATION OF CALIFORNIA CONSTRUCTION MANAGERS CONFERENCE MAY 20, 2009.

Lecture 34 Sinking funds vs Amortization Ana Nora Evans 403 Kerchof Math 1140 Financial Mathematics.

Unit 5 Financial Literacy Read each definition carefully and become familiar with it as we will use the words in class as part of our discussions through.

Fontana Unified School District BAN Repayment Options.

SCHOOL BONDS UNDERSTANIDNG YOUR LOCAL DEBT. TALKING POINTS  Who all is involved?  Understanding how forecasting works  Typical timeline  Other key.

Contemporary Engineering Economics, 4 th edition, © 2007 Methods of Financing Lecture No. 60 Chapter 15 Contemporary Engineering Economics Copyright ©

Overview of 2012 B COP Refinancing and Debt Repayment Plan Plumas Lake Elementary School District November 8, 2012.

Report on Investment Strategy for the Commercial Paper Program Vernon D. Evans Vice President for Finance/ Treasurer Item 7 January 3, 2008.

KCSOS DEBT Toolkit November 7, DEBT MANAGEMENT TOOL KIT How To Find It 2.

Irwin/McGraw-Hill © The McGraw-Hill Companies, Inc., 1999 Sources of Capital: Debt © The McGraw-Hill Companies, Inc., Part One: Financial Accounting.

MANAGEMENT OF DEPOSIT INSURANCE FUND Philippine Experience SANDRA A. DIAZ Senior Vice President Deposit Insurance Sector 8 th Asia Regional Committee Meeting.

1 Tax Anticipation Notes June 27, 2013 Michael E Finn.

DAINGERFIELD-LONE STAR INDEPENDENT SCHOOL DISTRICT Budget Hearing August 18, 2014.

GLENCOE / McGraw-Hill. The Statement of Cash Flows.

Marcus Perry.  Municipal Bonds are issued by state and local governments.  Municipal Bonds are attractive to investors due to the federal tax exemption.

Chapter 12 Accounting for Cash Flows. How does a company obtain its cash? Where does a company spend its cash? What explains the change in the cash balance?

Capital Appreciation Bonds (CABs): Do They Have a Legitimate Role in Municipal & School Finance September 25, 2012 Capitol Public Finance Group · 1900.

(c) 2001 Contemporary Engineering Economics1 Discount Rate to be Used in Project Analysis ECON 320 Engineering Economics Mahmut.

Issuing Bonds – The Process and the Role of the Registered Municipal Advisor 2013 Michigan Community College Business Officers Association July 25, 2013.

Montana Association of School Business Officials 2014 Annual Summer Conference School District Financing Getting ‘er Done June 16-18,

Section 1: Financing Through Bonds

What’s included in the Financial Forecast?. TOTAL REVENUE = $40,726,704 (Excludes Other Financing Sources)

LOANS FOR SENIORS Who is Senior for Loan Purposes? Age: 55? 60? 65?

Other Governmental Funds  Capital Projects Accounts for flow of funds for general government capital asset acquisition Accounts for flow of funds for.

Budget Workshop RYAN KAHLDEN AUGUST 10, Adoption Requirements  Before the start of the fiscal year the school board must adopt a budget for: 

Laredo ISD -> Restatement of Financial Statements according to GASB 34 What is GASB 34? New Accounting Standards adopted for Why do we need to.

CENTURY 21 ACCOUNTING © 2009 South-Western, Cengage Learning LESSON 12-3 Bonds Payable Transactions.

West Contra Costa USD 2015 General Obligation Bond Presentation to the Facilities Subcommittee March 17, 2015.

Prospective General Obligation Bond Program Fremont Unified School District Tony Hsieh Managing Director

West Contra Costa USD Tax Rate Resolution Presentation to the Board of Education August 13, 2014.

1 American Public Power Association 2005 APPA Legal Seminar Clean Renewable Energy Bonds Ed Oswald Orrick, Herrington & Sutcliffe LLP 3050 K Street, NW.

Contemporary Engineering Economics, 4 th edition, © 2007 Cost of Capital Lecture No. 61 Chapter 15 Contemporary Engineering Economics Copyright © 2006.

Sheldon Independent School District Annual Financial and Compliance Audit Board of Trustees Presentation January 19, 2010.

Contacts October 30, 2012 CITY OF PALM COAST, FLORIDA Mark Galvin Senior Vice President 450 S. Orange Avenue Suite 460 Orlando,

Purpose of the Statement of Cash Flows  Summarizes an entity’s cash receipts and cash payments during the period from operating, investing activities,

Long-Term Bonds FLASHCARDS. Bond sinking fund investment A fund established to accumulate assets to pay off bonds when they mature Bond sinking fund investment.

McGraw-Hill/Irwin Copyright © 2012 by The McGraw-Hill Companies, Inc. All rights reserved.

School Bonds 101 What Are School Bonds?

COLLEGE STATION ISD 2015 Bond Information Election Date: November 3, 2015.

West Contra Costa USD Presentation to the Facilities Subcommittee September 25, 2012.

Kyle's phone bill is 45 dollars per month. How much does he have to pay for half a year of phone service?

 Income from work- wages (paid by hour or unit of production) or salary (paid weekly, monthly, yearly)  Income from wealth- things you own- bank accounts,

“Staffed to Serve” L.J. Hart & Company 1 Missouri School District Clients

SUCCESSFULLY PREPARING ALL STUDENTS FOR THEIR FUTURES SE 256 TH STREET, KENT, WA | BUDGET Public Hearing and Budget.

Capital Expenditure Recap Refinance Discussion September 8, 2015 Anna Pimentel Director, Fiscal Services Jamie Metcalf Asst. in Training – Director, Fiscal.

April 26, 2016 PRESENTER: Doug Green, Vice President.

Smart Schools Bond Act LAURENS CENTRAL SCHOOL. What is the Smart Schools Bond Act?  The Smart Schools Bond Act (SSBA) authorized the issuance of $2 billion.

Exhibit A to Staff Report Successor Agency to the Redevelopment Agency of the City of Fort Bragg Tax Allocation Refunding Bonds, Series 2015 Plan of Refunding.

© 2016 PFM Asset Management Institute of School Business Management CASH MANAGEMENT & INVESTING Presenters: Michelle Evenson – Benton Stearns Education.

AMERICAN PUBLIC POWER ASSOCIATION CLEAN RENEWABLE ENERGY BONDS (CREBS) AND RENEWABLE ENERGY PRODUCTION WORKSHOP Presentation by: Dan Aschenbach, Senior.

Who Solid Rock Wealth Management Serve

Things to Consider Before Hiring Financial Planning Services

Contact US Address 1: 2020 Charlotte Street Bozeman, MT Phone: Website:

Are You Wondering If Financial Planning Is the Key to Success in Life?

Tax Abatement Bonds Presentation City of Marshall, Minnesota

WGFOA Spring Conference Egg Harbor, WI April 20, 2017

Qualified Zone Academy Bonds (QZABs): An Introduction

THE PROJECTs QSCB FUNDING

Independent School District No. 318 December 3, 2018

G suite Customer Service Phone Number.

Presented to the School Board -- July 21, 2011

Geneva County Board of Education

School – wide Positive Behavior Interventions and Supports

Geneva County Board of Education

BOND SALE TIMELINE On June 23, 2009 the Board of Trustees approved the District to issue the Measure Z bonds. Approval from Riverside County received on.

West Contra Costa USD 2015 General Obligation Bond

2019 TAX LEVY PUBLIC HEARING

School Facilities Planning & Financing Workshop

Presentation transcript:

Billings Public Schools $2,000,000 Elementary QZAB $2,420,000 Elementary QSCB $7,580,000 High School QSCB September 27, 2010 – School Board Meeting Bridget Ekstrom Vice President 402 East Main Street Suite 202 Bozeman, MT Phone: (406)

Estimated Sources of Funds Elementary District QZABs $ 2,000,000 $ 811, % $ 1,646, % $ 456, % $ 732, % Building Fund ♦ for purposes of paying Project Costs ♦ Debt Service Fund ♦ for purposes of repaying principal & interest on the Bonds ♦ The outer layer represents possible investment earnings the Elementary District may earn in the Building Fund. *Represents investment earnings on the Sinking Fund.

Estimated Sources of Funds Elementary District QSCBs $ 2,420,000 $ 981, % $ 1,991, % $ 552, % $ 886, % The outer layer represents possible investment earnings the Elementary District may earn in the Building Fund. Building Fund ♦ for purposes of paying Project Costs ♦ Debt Service Fund ♦ for purposes of repaying principal & interest on the Bonds ♦ *Represents investment earnings on the Sinking Fund.

Estimated Sources of Funds High School District QSCBs $7,580,000 $ 3,583, % $ 6,238, % $ 1,729, % $ 2,267, % The outer layer represents possible investment earnings the High School District may earn in the Building Fund. Building Fund ♦ for purposes of paying Project Costs ♦ Debt Service Fund ♦ for purposes of repaying principal & interest on the Bonds ♦ *Represents investment earnings on the Sinking Fund.

Summary for Billings Schools QSCB and QZAB Bond Issuance