With the excitement of the holiday season, finance-related filings may be the last thing on school officials’ priority lists. Please keep in mind two important end-of-the-calendar-year deadlines to stay off the “naughty” list: (1) continuing disclosure and (2) qualified status.
Continuing Disclosure
If your school has outstanding bonds, it likely entered into a continuing disclosure agreement (CDA) when those bonds were issued. A CDA requires school...