ad valorem tax :
- n a tax levied on the difference between a commodity's price before taxes and its cost of production
News & Articles
- Fitch Affirms Grayson County Jr. College District, Texas' LTGOs at 'AA-'; Outlook Stable
AUSTIN, Texas--(BUSINESS WIRE)--Fitch Ratings affirms Grayson County Junior College District, Texas' (the district) outstanding general obligation (GO) bonds as follows: --$40.7 million in outstanding GO bonds, series 2007 and 2008 at 'AA-'. The Rating Outlook is Stable. SECURITY: Ad valorem tax levied on all taxable property within the district, limited to up to $0.50 per $100 taxable assessed ...
June 11, 2013 - Business Wire
- Fitch Downgrades King City Union School District, CA's GOs to 'A' from 'A+'
NEW YORK--(BUSINESS WIRE)--Fitch Ratings has downgraded the following ratings for King City Union School District, California (the district): --$893,000 general obligation (GO) series 2007B bonds to 'A' from 'A+'; --$3.7 million GO series 2007C bonds to 'A' from 'A+'; The Rating Outlook is Stable. SECURITY The GO bonds are secured by an unlimited ad valorem tax on all taxable property within the ...
June 10, 2013 - Business Wire