(Friday)  "Bonds and Bond Guarantee Capacity" by Joe Smith- Good Morning - May 9, 2008

• How close to capacity is it?
• Link:  Texas Permanent School Fund Bond Gurantee Program Summary
• Quotes from Robert Elder of the Austin American Statesman
• Link:  Texas asking IRS to raise limits on guaranteeing school bonds (Austin American Statesman)
• Link:  Annual Report of the Permanent School Fund

(Thursday)  "Texas School School Districts Request Bond Authorizations Saturday" by Joe Smith- Good Morning - May 8, 2008

·         Now is the optimum time to pass bond referendums

·         Inflation and construction, maintenance costs and budgets

(Wednesday)  "Surplus or Shortfall - You Decide" by Joe Smith -Good Morning- May 7, 2008

• “Surplus” as defined by the Tax and Budget Primer
• How Craddick arrived at his $15 billion figure
• Link:  Dallas Morning News article (Christi Hoppe)

(Tuesday)  "Essence of Hold Harmless" by Joe Smith -Good Morning- May 6, 2008

• Link:  Greater of Hold Harmless per WADA from TEA
• HB1 – An unwarranted, inefficient departure from formula funding (Quote from Wayne Pierce)
• Link:  December News and Notes (The Equity Center)

(Monday)  "HB1 Slow to Evolve" by Joe Smith- Good Morning - May 5, 2008

• Reminder that your current budget figures are not to be considered final
• (A)(B) and (C) of section 42.2516 of the Education Code
• Link:  Greater of Hold Harmless per WADA from TEA