Presentation Details

Beyond the Closing Table: Post-Issuance Compliance for Tax-Exempt Bonds

Many charter and private schools finance facility acquisitions and expansions with the proceeds of tax-exempt bonds. Bond financing imposes requirements and restrictions on borrowers post-closing related to reporting, the use of the facility by third parties, the incurrence of additional debt, and compliance with financial covenants. Post-issuance compliance with bond requirements can seem complex and daunting. This session demystifies post-issuance compliance obligations in standard tax-exempt bond transactions. Attendees will learn about the key documents involved, common compliance pitfalls, and the vital role school leaders play in ensuring continuing compliance. The presenters will discuss strategies for ensuring your school keeps track of these important obligations and implements protocols to ensure compliance. This presentation is ideal for governing board members, school leaders, and business managers involved in charter school financing, including those in the early stages of exploring bond financing and those whose school already has bond-financed facilities.

Strand & Topic: Business > Finance
Audience: Governing Board Members > K-12

Presented by:

• Richard Moreno, President, Building Hope Services, LLC
• Mr. Braxton Padgett, Shareholder, The Arnold Law Firm
• Mrs. Emily Rodriguez, Associate, The Arnold Law Firm