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This Official Statement provides information related to the issuance of $8,755,000 Certificates of Participation by certain Oregon school districts and community colleges, intended to fund their cumulative
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How to fill out Oregon School Boards Association Short-Term Borrowing Program
01
Obtain the Oregon School Boards Association (OSBA) Short-Term Borrowing Program application form.
02
Review the eligibility requirements and ensure your school district meets them.
03
Gather necessary financial documents including budgets and any other required financial statements.
04
Fill out the application form with accurate information about your school district's needs and financial situation.
05
Provide a detailed description of the intended use of the borrowed funds.
06
Obtain required signatures from authorized district personnel.
07
Submit the completed application form along with any supporting documents to the OSBA.
08
Await approval from the OSBA and follow up with any additional information they may require.
Who needs Oregon School Boards Association Short-Term Borrowing Program?
01
School districts in Oregon that require short-term financing to cover cash flow needs or unexpected expenses.
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What is Oregon School Boards Association Short-Term Borrowing Program?
The Oregon School Boards Association Short-Term Borrowing Program is a financial initiative designed to provide school districts in Oregon with a mechanism to borrow funds for short-term needs, ensuring that they can manage their financial obligations effectively during periods of cash flow fluctuations.
Who is required to file Oregon School Boards Association Short-Term Borrowing Program?
School districts in Oregon that are experiencing temporary cash flow shortages and wish to participate in short-term borrowing must file for the Oregon School Boards Association Short-Term Borrowing Program.
How to fill out Oregon School Boards Association Short-Term Borrowing Program?
To fill out the Oregon School Boards Association Short-Term Borrowing Program application, a school district must complete the provided forms detailing their borrowing needs, specify the intended use of the funds, and provide necessary financial documentation as required by the program guidelines.
What is the purpose of Oregon School Boards Association Short-Term Borrowing Program?
The purpose of the Oregon School Boards Association Short-Term Borrowing Program is to assist school districts in addressing immediate funding gaps, thereby allowing them to meet operational expenses and maintain essential services without disruption.
What information must be reported on Oregon School Boards Association Short-Term Borrowing Program?
Information that must be reported includes the amount of funds requested, the purpose of the borrowing, the anticipated repayment source, and any relevant financial statements that demonstrate the need for short-term borrowing.
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