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ERIC Number: ED128951
Record Type: RIE
Publication Date: 1976
Pages: 35
Abstractor: N/A
Reference Count: 0
Bond Sales for Public School Purposes 1974-75.
Barr, Richard H.
This annual report presents data on bond elections and bond sales for financing the construction of public elementary and secondary school facilities. Data, summarized by state, are presented in tables and charts containing information on the number and dollar value of bond issues voted on and passed, and the number, dollar value, and net interest cost of bonds sold. In 1975 approval of public school bond issues averaged 46.0 percent of the dollar value and 46.3 percent of the number of issues proposed. Although these rates were down from 1974, the $3.6 billion in reported bond sales represented an increase over fiscal year 1974. The 1975 average net interest cost for all bonds was 6.27 percent. A regression analysis showed that the factors significantly affecting net interest cost were the length of term, timing, bond rating, and type of issuer. (Author/IRT)
Superintendent of Documents, U.S. Government Printing Office, Washington, D.C. 20402 ($0.85)
Publication Type: Numerical/Quantitative Data
Education Level: N/A
Audience: N/A
Language: N/A
Sponsor: N/A
Authoring Institution: National Center for Education Statistics (DHEW), Washington, DC.
Note: For a related document, see ED109735