How does the presence of a sinking fund affect a bond's rating?

2025 SINKING FUND. In the upcoming special election on May 6, 2025, voters will be asked to vote on a Sinking Fund millage. What is a Sinking Fund? A Sinking ... GHAPS tax year 2023 Debt Millage rate is 2.29. In tax year 2025, the Debt Millage rate will be 0.00. If approved, the .70 Sinking Fund Millage rate would be the ... Any county which has a bond issue approved under KRS. 66.310 may comply with the provisions of this subsection with respect to the sinking funds for the bonds ... Such sinking fund shall be a fund for all such bonds without distinction or priority of one over another. Oct 7, 2022 ... These funds guarantee dollars for facility improvements, protecting the investment the community has made in the district. This Sinking Fund ... A sinking fund is a “pay as you go” system which is generated by local voters. It provides school districts with funds to pay cash for repairs and improvements ... A Sinking Fund allows a school district to make improvements for specific purposes, as allowed by the state. Specifically, the funds can be used for building ... Apr 11, 2023 ... Take large or infrequent expenses and break them down into manageable monthly chunks. That way, you'll already have the money set aside when the ... Jun 14, 2023 ... Setting aside money over months or years to pay for that expense can make it easier on your budget. Learn how to bankroll big purchases with our guide to ... Ferndale Sinking Fund. On the August 2nd, 2016 ballot, a measure was approved that will levy a tax on residents for a Sinking Fund for Ferndale Public Schools.