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This document outlines the requisition process for payment of costs associated with technology or facility improvement projects funded through the Arkansas Higher Education General Obligation Bonds.

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What is taxable bond projects requisition?

Taxable bond projects requisition is a formal request for funds from the government to finance certain projects. These projects are funded through taxable bonds, which means that the interest paid on these bonds is subject to income tax.

Who is required to file taxable bond projects requisition?

Government agencies and organizations that are involved in funding and executing projects that are financed through taxable bonds are required to file a taxable bond projects requisition. This includes federal, state, and local government entities, as well as private organizations that receive funding from these sources.

How to fill out taxable bond projects requisition?

To fill out a taxable bond projects requisition, you will need to provide information about the project, including its purpose, scope, estimated cost, and timeline. You will also need to provide details about the funding sources, including the amount of funds requested and the expected interest rate on the bonds.

What is the purpose of taxable bond projects requisition?

The purpose of a taxable bond projects requisition is to request funding from the government for specific projects that are financed through taxable bonds. These projects can be infrastructure improvements, public facilities construction, or any other capital investment that requires substantial funding.

What information must be reported on taxable bond projects requisition?

A taxable bond projects requisition must include detailed information about the project, such as its purpose, scope, estimated cost, and timeline. It should also include information about the funding sources, including the amount of funds requested and the expected interest rate on the bonds. Additionally, any relevant supporting documents, such as feasibility studies or engineering reports, should be included.

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