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CONTINUING DISCLOSURE INFORMATION REGARDING THE HAYS CONSOLIDATED INDEPENDENT SCHOOL DISTRICT Table 1 ASSESSED VALUATION (a) 2011/12 Total Assessed Valuation ................................................................................................................. 2011/12
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Who needs continuing disclosure information regarding?

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Continuing disclosure information regarding is required by various entities, including:
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- Municipalities and other local governments issuing municipal bonds
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- Corporations issuing corporate bonds
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- Government agencies and instrumentalities issuing government securities
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- Nonprofit organizations and charitable institutions issuing bonds
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It is important for these entities to provide continuing disclosure information to ensure transparency and to comply with legal and regulatory obligations.
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Continuing disclosure information provides ongoing updates about the financial and operating condition of a municipal securities issuer.
Issuers of municipal securities are required to file continuing disclosure information.
Continuing disclosure information is typically filled out electronically through a designated Municipal Securities Rulemaking Board (MSRB) system.
The purpose of continuing disclosure information is to provide transparency to investors and the market about the issuer's financial health and adherence to its covenant obligations.
Information such as audited financial statements, operating data, and material events must be reported on continuing disclosure information.
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