Unlimited tax bond

Unlimited tax bond

A municipal bond secured by the pledge to levy taxes until full repayment at an unlimited rate.
References in periodicals archive ?
general obligation unlimited tax bond rating from 'Baa1' to 'Baa'.
At the same time, Moody's has reviewed and revised the city's general obligation unlimited tax bond rating to 'Ba1' from 'Baa'.
The city expects to issue unlimited tax bonds within the next few months.
11 million 1998 school building site and refunding GO unlimited tax bonds dated Nov.
21 /PRNewswire/ -- Denver City Independent School District, TX's $2,400,000 school building unlimited tax bonds, series 1998 are rated 'AAA' by Fitch IBCA.
21 /PRNewswire/ -- Loop Independent School District, TX's $2,850,000 school building unlimited tax bonds, series 1998, are rated 'AAA' by Fitch IBCA.
AUSTIN, Texas -- To correct previous omissions, Fitch Ratings assigns an 'AAA' rating to the following Frenship Independent School District, Texas' unlimited tax bonds, based on a guaranty provided by the Texas Permanent School Fund (PSF); Fitch rates the Insurer Financial Strength of the PSF 'AAA':
s $3,200,000 school building unlimited tax bonds, series 1997, are rated 'AAA' by Fitch.
NEW YORK -- Fitch Ratings has published a report on Columbus (OH) general obligation (GO) variable purpose limited tax bonds and Columbus (OH) GO variable purpose unlimited tax bonds.
While Fitch considered the following unlimited tax bonds in its analysis and previous commentaries, the rating history was not reflected on Fitch's web site:
Bond proceeds will be used to design, construct and equip a new junior high school, refund approximately $200,000 of the district's outstanding unlimited tax bonds and pay costs of issuance.