Revenue Anticipation Note

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Related to Revenue Anticipation Note: Grant Anticipation Notes, Bond Anticipation Notes

Revenue Anticipation Note (RAN)

A short-term municipal debt issue that will be repaid with anticipated revenues, such as sales taxes, from the project.

Revenue Anticipation Note

A municipal bond, with a maturity of one year or less, that is repaid to bondholders with expected revenues from the project the RAN intends to finance. For example, a city may issue an RAN to finance improvements to the local museum. It expects to be able to pay back the bond with money raised on increased ticket sales at the museum after improvements are completed.

revenue anticipation note (RAN)

A short-term municipal obligation with repayment to be made from a revenue source other than taxes.
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NEW YORK, June 22 /PRNewswire/ -- Colorado's $250 million general fund tax and revenue anticipation notes series 1994 are rated 'F-1+' by Fitch.
NEW YORK -- Fitch rates the State of Iowa's $500,000,000 tax and revenue anticipation notes (TRANs), series 2006, 'F1+'.
Initial issuance which will include $l05 million revenue anticipation notes, Series I, and possibly $10 million bond anticipation notes, Series J, is expected during the week of July 2.
23 /PRNewswire/ -- The State of Vermont's $35 million commercial paper revenue anticipation notes, series H, are rated 'F-1+' by Fitch.
NEW YORK -- Fitch Ratings has assigned an 'F1+' to New Jersey's $1,750,000,000 tax and revenue anticipation notes (TRANs), series fiscal 2007A, selling competitively on Sept.
12 /PRNewswire/ -- New Jersey's $200 million (commercial paper) tax and revenue anticipation notes, Series Fiscal 1995D, are rated "F-1+" by Fitch.
5 billion 2006-07 revenue anticipation notes (RANs), expected on or about Sept.
18 /PRNewswire/ -- Moody's Investors Service today reaffirmed its top rating (MIG-1) for Cuyahoga County's outstanding Tax and Revenue Anticipation Notes (TANs).
CHICAGO -- Fitch has assigned an 'F1+' to the City of Milwaukee, Wisconsin's (the city) $175,000,000 school revenue anticipation notes (RANs), series 2006 M7, which are due August 30, 2007.
The City of Milwaukee's school revenue anticipation notes are well secured by both strong cash flows and good legal protections.
37 billion Colorado Department of Transportation (CDOT) transportation revenue anticipation notes (TRANs), series 2000, 2001A, 2002, 2002B, 2003A, 2004A and 2004B.
A week later on July 27 the state will sell through negotiation $3 billion Revenue Anticipation Notes (RANs), due June 28, 1995.