[Mail_treas] Tax-Exempt Municipal lease/purchase loan

[MitchBiederman]

Treasurer's,

I have done quite a few bond issues and HB 264 projects in my tenure, but I don't think I have ever done a "Tax-Exempt Municipal Lease/Purchase loan  (replacing our HS football turf).  The money is now in escrow holding with 5/3 bank to pay "The Motz Group" as the project goes along.

What Fund do I use to do the accounting of the escrow and payment of the project over the next couple months to completion?  003, 004, 070?  I have asked our auditor several times, but she hasn't gotten back with me so I thought I would reach out to the experts.

We are good to go and set up for the loan payback out of our athletic budget.

Mitch Biederman
Mitch Biederman
Treasurer
Centerville City Schools
937-433-8841
Mitch.biederman at centerville.k12.oh.us

-------------- next part --------------
An HTML attachment was scrubbed...
URL: <http://listserv.mveca.org/pipermail/mail_treas/attachments/20151217/ca1b704d/attachment.htm>