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Superintendent files FY2025 Post-Issuance Tax Compliance Report for Series 2022 bonds
Summary
Superintendent J. Henry filed the district's Fiscal Year 2025 Post-Issuance Tax Compliance Report for the Series 2022 bonds on Feb. 1, 2025 and noted four components that must be addressed: records, arbitrage rebate liability, contract review and IRS examinations or inquiries.
Superintendent J. Henry said the district's Fiscal Year 2025 Post-Issuance Tax Compliance Report for the Series 2022 bonds was issued on Feb. 1, 2025 and filed with the district's official Series 2022 bond records. He listed the four components addressed in the report: records retention, arbitrage rebate liability, contract review, and IRS examinations or inquiries.
Henry invited questions about the document and advised that it will remain part of the district's official records until the Series 2022 bonds are retired. No board vote was required; the report was presented as an informational filing to comply with bond compliance requirements.
