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NEARLY FINAL OFFICIAL STATEMENT DATED MAY 1, 2018 Rating:This Nearly Final Official Statement and the information contained herein are subject to completion and amendment. Under no circumstances shall
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The 11 official statement refers to a disclosure document that provides important information about the financial condition and operations of a municipal entity, typically used for bond issuance.
Municipal issuers or underwriters who are involved in the offering of municipal securities are required to file the 11 official statement.
To fill out the 11 official statement, issuers must provide detailed information about the entity's financial status, source of revenues, project descriptions, and any material risks associated with the securities.
The purpose of the 11 official statement is to inform potential investors about the financial risks and rewards of investing in municipal securities, ensuring transparency and compliance with regulations.
The information reported on the 11 official statement includes financial statements, budgetary information, and any material events affecting the issuer's financial condition.
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