What are the reporting requirements for a sinking fund?

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. Redemption. The repayment of bonds prior to their maturity date. · Sinking Fund. A fund to which the issuer or the conduit borrower periodically makes payments ... FIN-3.24 - Waterfront Renewal Bond Sinking Fund - Fund 303. Binding City Policies (BCP). Policy category. Fund Statements of Purpose. Policy number. FIN-3.24. This guide is designed for sinking fund beginners and will explain all the basics you need to know about how to create sinking funds. Key Takeaways · A sinking fund is maintained by companies for bond issues, and is money set aside or saved to pay off a debt or bond. · Bonds issued with ... WLPS is asking the Whitmore Lake community to vote on Tuesday, November 5th, on a 10-year, 1.5 mill Sinking Fund that would generate approximately $1 million ... The Byron Area Schools 3.0 millage sinking fund will be used for safety and security upgrades, as well as electrical and plumbing upgrades. Sinking Fund Renewal. On May 6, 2025, the district will be asking voters to decide on the renewal of our Sinking Fund. For 10 years, this fund has been an ... Oct 31, 2023 ... For anyone who is just getting started with sinking funds or wants to make sure they aren't missing anything, here are our top 20 sinking fund categories. Hartland Consolidated Schools voters approved sinking fund levy, which provides a dedicated source of funding for long-term facility repairs and renovations.