WORK SAMPLE - Excerpt from Powerpoint Presentation entitled "Understanding the Tax-Exempt Financing Process"

1. UNDERSTANDING THE
TAX-EXEMPT FINANCING PROCESS
Understanding some
basic concepts
Applicable sources
of law
Parties to a typical
taxable financing

2. Parties to a typical
tax-exempt financing
Potential issuers of
tax-exempt debt
Purposes tax-exempt
debt may be issued
UNDERSTANDING THE
TAX-EXEMPT FINANCING PROCESS

3. Potential purchasers
of tax-exempt debt
Potential borrowers
of proceeds
Restrictions on
tax-exempt debt
UNDERSTANDING THE
TAX-EXEMPT FINANCING PROCESS

4. Understanding Some
Basic Concepts

5. “Tax-Exempt”
An organization which is exempt
from paying state or federal income
taxes.
Interest on a debt which is exempt
from federal or state income taxes.

6. “Revenue Bonds”
Revenue Bonds are payable only
from specified revenues.
Revenue bonds may bear interest
at fixed rates or variable rates.

7. Applicable Sources
of Law

8. FederalTax Law
Federal tax law determines whether
the interest on obligations validly
issued under State law is exempt from
federal income tax.

9. StateTax Law
State law determines the validity of
obligations.
In limited cases, State law also
determines whether the interest on
obligations validly issued under State
law is exempt from State income tax.

10. Parties to aTypical
Taxable Financing

11. Parties to aTypical
Taxable Financing

12. Parties to aTypical
Tax-Exempt Financing

14. Who are the Potential
Issuers of
Tax-Exempt Debt

15. Must be a governmental or
quasi-governmental unit
Health Authorities
Cities,Towns andVillages

16. Redevelopment
Authorities
Housing Authorities
Community Development
Authorities

17. For what purposes
may tax-exempt
debt be issued

18. Hospitals Clinics Continuing
Care Facilities
Community-
Based
Residential
Facilities
Private
Colleges and
Universities
Federally
qualified
health centers
K-12 Schools
Research
Facilities
Nursing
Homes

19. I designed this PowerPoint Presentation about some of the basics of
tax-exempt bond financing. The information contained in this
slideshow is incomplete and may be out-of-date at the time of
viewing.
April L. Trickel
www.linkedin.com/in/apriltrickel