![]() |
||
|
|
| Home | About Us | Contact Us | Search | |||||
|
Use Of QZAB Funds for “Qualified Purposes”Generally any use except New Construction. Specifically:(A) rehabilitating or repairing the public school facility in which the academy is established(B) providing equipment for use at such academy including equipment for IT, energy efficiency, green energy etc. (C) developing course materials for education to be provided at such academy (D) training teachers and other school personnel in such academy. Indicate the proposed use in the QZAB plan Why Is QZAB a Good Deal for School Districts?A QZAB is a better value for the district because, under these tax-credit bonds, the federal government pays, on average, all of the interest, whereas, under tax-exempt bonds, the school district typically recoups only 20 percent of the interest payments.
|
||||||||