Illinois APPEaL BOND

State:
Illinois
Control #:
IL-SKU-0579
Format:
PDF
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Description

aPPEaL BOND Illinois Appeal BOND is a bond issued by the state of Illinois to finance the construction of transportation, education, and other public projects. It is a tax-exempt, fixed-rate bond that provides low-cost financing for eligible projects. The bonds are issued in denominations of $5,000 and up. The repayment of the bonds is secured by taxes collected by the state. The proceeds of the bonds are used to pay for the construction of the projects. There are two types of Illinois Appeal BOND: Revenue Bond and General Obligation Bond. The Revenue Bond is secured by a specific revenue stream, such as a gas tax or tolls, and the General Obligation Bond is backed by the full faith and credit of the state.

Illinois Appeal BOND is a bond issued by the state of Illinois to finance the construction of transportation, education, and other public projects. It is a tax-exempt, fixed-rate bond that provides low-cost financing for eligible projects. The bonds are issued in denominations of $5,000 and up. The repayment of the bonds is secured by taxes collected by the state. The proceeds of the bonds are used to pay for the construction of the projects. There are two types of Illinois Appeal BOND: Revenue Bond and General Obligation Bond. The Revenue Bond is secured by a specific revenue stream, such as a gas tax or tolls, and the General Obligation Bond is backed by the full faith and credit of the state.

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Illinois Appeal Bond