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S A NM A R C O SU N I F I E DS CH O O LD I S T R I C T CONTINUING DISCLOSURE ANNUAL REPORT COMMUNITY FACILITIES DISTRICT NO. 11 FISCAL YEAR ENDING JUNE 30, 2021 SERIES 2019 SPECIAL TAX BONDS BASE
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What is continuing disclosure and municipal?
Continuing disclosure refers to the periodic reporting of financial and operational information by municipal bond issuers to investors, ensuring transparency and informed decision-making. It is a requirement under the Securities Exchange Act of 1934.
Who is required to file continuing disclosure and municipal?
Municipal issuers, including state and local governments and related authorities that issue municipal securities, are required to file continuing disclosures as stipulated by the SEC and MSRB regulations.
How to fill out continuing disclosure and municipal?
To fill out continuing disclosure, issuers must provide relevant financial and operational data in a format consistent with the requirements set by the EMMA (Electronic Municipal Market Access) system, including submitting annual financial statements and notices of material events.
What is the purpose of continuing disclosure and municipal?
The purpose of continuing disclosure is to provide ongoing information to the investors about the financial health and operational status of the municipal issuer, thereby enhancing transparency and protecting investor interests.
What information must be reported on continuing disclosure and municipal?
Issuers must report information such as annual financial statements, budgetary information, audited financials, and any material events like payment defaults or changes in credit ratings.
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