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AGENDA ITEM ST. JOHNS COUNTY BOARD OF COUNTY COMMISSIONERS3Deadline for Submission Wednesday 9 a.m. Thirteen Days Prior to BCC Meeting 4/2/2024 BCC MEETING DATE TO:Joy Andrews, County AdministratorFROM:DATE:Jesse

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How to fill out capital improvement revenue refunding

01

Gather all necessary financial records related to capital improvement projects.

02

Calculate the total amount of revenue received from these projects.

03

Determine the amount of refunding that is needed based on the revenue collected.

04

Fill out the necessary forms provided by the appropriate financial institution or government agency.

05

Submit the completed forms along with any supporting documentation for review and approval.

Who needs capital improvement revenue refunding?

01

Municipalities and local governments undertaking capital improvement projects.

02

Private companies investing in infrastructure upgrades.

03

Non-profit organizations renovating their facilities.

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What is capital improvement revenue refunding?

Capital improvement revenue refunding refers to a financial process where existing bonds or debts related to capital improvements are refinanced or paid off, typically to achieve better interest rates or terms.

Who is required to file capital improvement revenue refunding?

Entities such as municipalities, counties, or other governmental bodies that have issued bonds for capital improvements and wish to refinance them are required to file capital improvement revenue refunding.

How to fill out capital improvement revenue refunding?

Filling out a capital improvement revenue refunding typically involves completing the relevant forms provided by a governing financial authority, detailing the existing bonds, new terms, and the purpose of the refunding.

What is the purpose of capital improvement revenue refunding?

The purpose of capital improvement revenue refunding is to reduce interest costs, achieve better borrowing terms, or restructure debt associated with capital improvement projects for financial efficiency.

What information must be reported on capital improvement revenue refunding?

Information that must be reported includes details of the original bonds, the refunding bonds being issued, financial projections, and intended use of savings from the refinancing.

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