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TAX ANTICIPATION NOTES <br /> (Schools Only) <br /> SCHEDULE5 <br /> Tax anticipation notes are issued in anticipation of the collection of the proceeds of a property tax levy. The amount of money <br /> required to cover debt service must be deposited into a bond retirement fund,from collections and distribution of the tax levy, in the <br /> amounts and at the times required to pay those debt charges as provided in the legislation authorizing the tax anticipation notes. <br /> (ORC Section 133.24) <br /> The appropriation to the fund which normally receives the tax levy proceeds is limited to the balance available after deducting the <br /> amounts to be applied to debt service. <br /> After the issuance of general obligation securities or of securities to which section 133.24 of the ORC applies,the taxing authority of <br /> the subdivision shall include in its annual tax budget, and levy a property tax in a sufficient amount,with any other monies available <br /> for the purpose,to pay the debt charges on the securities payable from property tax. (ORC Section 133.25) <br /> �Earrre Of s =l�arrte�f,, , <br /> Tax,Antrcgpa#rort T�tAntrcrpatrorr` ' <br /> AI'rroun Required To Meet Bridget dear PrIrrCRpal& <br /> Enter."est Pa riterrts .. <br /> Principal Due <br /> Principal Due Date <br /> Interest Due NOT APPLICABLE <br /> Interest Due Date <br /> Interest Due <br /> Interest Due Date <br /> Total <br /> Name Of The Special Debt Service Fund <br /> AmoLrnt Of Debt Service To 3e Appotfrarred Ta The <br /> FailQrrvrn -.Sefifemanisv <br /> Februa Real <br /> August Real <br /> June Tangible <br /> October Tangible <br /> Total <br /> Name Of Fund To Be Charged <br />