For school districts and community college districts considering 2024 bond elections, remember that the March 2024 primary election is fast approaching! Even if you are planning for November 2024, it's never too early to get...more
On March 16, 2022, the Securities and Exchange Commission (“SEC”) entered an order against a school district (Crosby Independent School District (the “District”), located in a suburb of Houston, Texas) and against the...more
On November 16, 2021, the Internal Revenue Service (IRS) publicly previewed a draft of a revised Form 8038-CP (Return for Credit Payments to Issuers of Qualified Bonds), along with updated filing instructions and a new...more
On September 16, 2021, the Securities and Exchange Commission (“SEC”) entered an order against a school district (Sweetwater Union High School District (the “District”) in San Diego County, California) and charged the school...more
If some or all of your District’s outstanding bonds are guaranteed by the Washington State (the “State”) School Bond Guarantee Program, it is time to post an event notice to the affected bonds on EMMA (or to verify the...more
This week at the General Assembly without a budget veto override or new budget bill, legislators considered bills on a variety of topics as we inched closer to the end of session. Budget Bill (H966) & Supplemental...more
As we head into another election season, we thought it would be helpful to provide you with an update of the current election and campaign finance laws applicable to school district ballot proposals. The May 2019 election...more
Just one year after voters passed the largest bond measure in Oregon history, PPS now acknowledges that Portland Public School-Bond Measure 26-193 should have been much more – between $80 and $136 million more....more
Barna v. Board of School Directors of the Panther Valley School District, Case No. 15-3904 (3d Cir. 2017). The United States Court of Appeals for the Third Circuit affirmed the dismissal of a citizen’s suit against individual...more
House Bill 2078 (signed April 17, 2017) - This bill restructures post-secondary credit system for high school students. Unlike dual enrollment programs, a student enrolled in concurrent coursework will attend regular...more
Late last month, the California State Treasurer’s Office announced a “move to stop ‘Pay-to-Play’ school bond campaigns”. According to the announcement...more
When a third of California’s registered voters turned up to vote this month, most of them got the chance to consider one of the 89 local bond and tax measures on their ballots. School construction bonds made up over half of...more
Cranes, cement trucks, and street closures seem to be everywhere these days, especially in city centers such as San Francisco and Los Angeles. After the meltdown of 2006, real estate development went into hibernation for...more
Over the last 15 years, California’s population has grown by approximately 5 million people—the same number filling the entire state of Colorado. This influx has created a housing shortage that the California market has...more