July 20, 2010
Sponsor:Iowa State University Office of State & Local Government Programs and the Iowa Municipal Finance Officers Association with the cooperation of the Iowa League of Cities
Iowa Municipal Professionals Institute
The primary purpose of the session will be to introduce participants to a wide variety of state statutes, which govern the ways in which cities may borrow money to finance various projects. A secondary focus will be on federal laws and regulations, which determine whether or not the interest income from bonds or other debt issued by a city will be exempt from federal income taxation.