Tax anticipation note for FY2027 cash flow
Moss Point School DistrictMississippi- Detected
- Oct 13, 2026
- 21 days ago
- Sector
- Administration & Finance
- Est. value
- Free account
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From the meeting
At its October 13, 2026 meeting the Board of Trustees of the Moss Point School District approved a tax and revenue anticipation note to cover a projected FY 2027 cash flow deficit. 75% federally taxable rate. The note has a maximum principal amount of $3,250,000 and matures on June 1, 2027.
The district will draw funds as needed through April 1, 2027, so the bank has a near-term treasury finance relationship to maintain and potentially renew next cycle.
- Meeting date
- October 13, 2026
- Agency
- Moss Point School District
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