LM October 2020_lg

LegalCorner

Financial Legal Guidance: Bonds

Chad Watkins IASA Associate Director/General Counsel To help school leaders navigate these uncertain times, IASA has partnered with leading law firms throughout Illinois to provide districts with critical guidance during the 2020–21 school year. In every issue of Leadership Matters, the IASA Legal Corner will showcase an article, sometimes several articles, written by attorneys who specialize in legal matters related to education. We have also begun a monthly legal issues podcast to discuss some of your most vital concerns. It is our hope you find

the content insightful, timely and helpful in addressing the critical matters you face. This month, Chapman and Cutler LLP writes about “Top 10 Things School Administrators Should Know About School Bonds.” The author is attorney Joseph Saverino . As a reminder, the articles are provided for informational purposes only, and you are advised to contact your district counsel for legal advice. Click on the link below to access the article.

Ten Things School Administrators Should Know About School Bonds

The goal of any Illinois school district administrator is to provide the best educational experience possible for their students. With that in mind, many school administrators have to find creative solutions to daily challenges, especially in the current state of operating during a global pandemic. Managing the finances of a school district is one such daily challenge. With the goal of helping administrators manage their district’s finances and capital

needs, this article provides a “Top 10 List” of topics and issues school district administrators should be aware of in regard to Illinois school finance. Following the list is a brief summary and explanation of each topic and how each item can impact a school district’s finances. For more detailed information on any of the topics below, please reach out to IASA or your Bond Counsel. (continue reading)...

5 LM October 2020