Don’t Get Caught by the IRS Rules on Reimbursement

Don’t Get Caught by the IRS Rules on Reimbursement

The Internal Revenue Service has rules in place that limit a local government’s ability to use financing proceeds to reimburse itself for project expenditures made before you actually close on your financing. Even those rules are now more than 20 years old, I...
A Form of a Bank RFP for Installment Financings

A Form of a Bank RFP for Installment Financings

One of the most common inquiries I see on a finance officers’ listserv I follow is for the form of an RFP that can go out to banks for quotes on an installment financing. I’ve attached here the form of an RFP I have used often with my clients. Now, updating this form...