Fixing Our Schools Now: Qualified Zone Academy Bonds Qzab-A New Approach to Financing School Renovation and Repair
QZABs are a new financing instrument that schools can use to address infrastructure, health and safety, environmental, and energy efficiency issues associated with aging and overcrowded schools. Schools in 22 states are using QZABs and saving up to 50% of the cost of financing school improve. projects. QZABs use tax benefits to assist state and local educational agencies in financing the renovation or repair of public school facilities, purchasing equip., developing curricula, and training personnel. State educational agencies authorize eligible school districts to use these bonds or have the state issue the bonds on behalf of eligible districts.
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$12 million allocated Associate Superintendent Baldwin Park bonding authority borrowed businesses Capitol classrooms Clovis Columbus School District computers conditioning units contribution curriculum Department of Education Deputy Commissioner Deputy Superintendent district is located donated East Chicago Education P.O. Box educational agencies Elementary School Elgin Public Schools eligible for free Empowerment Zone Enterprise equipment federal Fort Scott free or reduced-price Fresno Henderson County high school Houston School District Independent School District interest payment issuer Memphis City Schools Miami-Dade County middle school million in QZAB Mississippi Nettleton School District North Dakota Plattsmouth Pomona Unified School private entities Public Schools district purchase Qualified Zone Academy qualify for free QZAB funds QZAB program reduced-price lunch renovation and repair rural school buildings school facilities School Finance School Improvement Services South Street students are eligible students qualify tax credit teacher training Unified School District upgrade technology Virginia Zone Academy Bonds Zone Enterprise Community
Page v - Its mission is to ensure equal access to education and to promote educational excellence throughout the Nation.
Page 48 - Tennessee Tennessee State Department of Education Andrew Johnson Tower, Sixth Floor 710 James Robertson Parkway Nashville, TN 37243-0375 (615)741-2731 Fax: (61 5) 532-4791 http://www.state.tn.us/education/ Texas Texas Education Agency William B.
Page 65 - The maximum maturity is the term which the Secretary estimates will result in the present value of the obligation to repay the principal on a CREBs being equal to 50 percent of the face amount of such bond.
Page 48 - Utah State Office of Education 250 East 500 South Salt Lake City, Utah 84111...
Page 18 - Club of the National Association of Negro Business and Professional Women's Clubs, Inc.
Page 64 - ... much benefit he receives from the government. No tax system can be made accurate enough to fall thus evenly on all individuals. Since this is so, taxes are bound to change the distribution of wealth and income to some extent. Some get more than they pay for; others get less. how heavy can taxes be? Is there a limit to the amount of money that can be raised by taxation? If so, are we approaching it? It is difficult to give a simple answer to these questions. That there are limits to specific taxes...
Page 43 - Maryland State Department of Education. 200 West Baltimore Street, Baltimore, Maryland 21201.
Page 1 - ... projects. The interest payment is actually a tax credit, in lieu of cash, provided to financial institutions that hold the bonds. Congress, in the last four years, has made a total of $1.2 billion in QZAB bonding authority available to all states.