Who Qualifies for Tax-Exempt Financing?

• The issuer of a tax-exempt obligation must be a State or possession of the U.S., the District of Columbia, or a political subdivision thereof.
• Political subdivisions include:
  
• Cities, Towns, Counties and other Municipalities
  
• They may include other state entities such as School Districts, Special Purpose Districts (fire, parks, utility, water, etc.), Hospitals, Agencies, Authorities, Boards and Commissions.