TREASURY - School Bond Qualification & Loan

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School Bond Qualification and Loan Program

The School Bond Qualification and Loan program was established bythe Michigan Constitution of 1963 and amended by Public Act 92 of 2005 to provide a state credit enhancement and loan mechanism for school district bond issues. The bonds must be qualified by the State Treasurer and the bond proceeds must be used for capital expenditure purposes.

School Bond Qualification and Loan Program - Frequently Asked Questions *New* PDF icon

School Bond Qualification and Loan ProgramAustin Building, 1st Floor
430 W. Allegan
Lansing, MI 48922

Phone: (517) 335-0994
Fax: (517) 241-1233


		Qualified Bonds Overview

		Click here for: information regarding how Qualified Bonds can provide school districts with access to the State's credit rating, and the ability to borrow for the principal and interest requirements of outstanding qualified bonds.


		School Loan Revolving Fund

		Click here for: information regarding the loans available for public school districts.


		Reports and Elections

		Click here for: information on qualification statistics, upcoming elections, election results, and loan balances.


		Stay Informed

		Click here for: SBQL Listserv subscription information. Keep up to date regarding program changes and deadlines.


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