You are here: Home About APS Policies and Procedural Directives Policies D. Fiscal Management DE3 – Post-Issuance Disclosure Compliance Procedures

DE3 – Post-Issuance Disclosure Compliance Procedures

The Board of Education shall comply with requirements of federal securities laws when incurring debt in the form of bonds and notes.  To ensure compliance with these laws, the Board of Education shall implement post-issuance disclosure compliance procedures as outlined in Board of Education resolutions and administrative procedural directives. 

The chief financial officer shall be designated as the compliance officer for purposes of the post-issuance disclosure compliance procedures.

The compliance officer shall be authorized, empowered and directed to do all such acts and things and to execute all such documents as may be necessary to carry out and comply with the provisions of post-issuance disclosure compliance procedures, and is further authorized to take any and all further actions and execute and deliver any and all other certificates, papers and documents as may be necessary or desirable to effect the actions contemplated by the post-issuance disclosure compliance procedures.

Administrator Responsible:     Chief Financial Officer

Implementing Departments:     Finance Accounting and Budget Department and other District departments as deemed necessary by the Chief Financial Officer

References:
Legal Cross Ref.:                         Rule 15c2-12 promulgated by the Securities and Exchange 
                                                     Commission                             
Board Policy Cross Ref.:              DE – Bonds, Mill Levies and Education Technology Notes
Procedural Directive Cross Ref.:  Resolution Approving Continuing Disclosure Compliance Procedures for Bonds and
                                                     Notes of the District; Other Matters Relating Thereto; And Ratifying Actions 
                                                     Previously Taken in Connection Therewith Continuing Disclosure Compliance 
                                                     Procedures

NSBA/NEPN Classification: DE

Introduced: September 9, 2015
Adopted: September 16, 2015

Document Actions
News
APS Launches Twitter Campaign Focused on Learning
In her weekly message, Supt. Reedy writes about #ADayInSchool
Understanding the APS Budget
We've put together a five-minute video that helps explain the complexities and challenges of developing a budget for the coming school year.
Alex Bregman Donates iPads to Help APS Students with Autism
Petroglyph Elementary School is the first recipient of a new foundation created by the third baseman for the World Series champion Houston Astros.
APS Honors Dr. Martin Luther King, Jr.
Read what APS recipients of MLK scholarships have to say about the revered leader of the Civil Rights Movement.
Hall of Honor Inductees Announced
Longtime teacher and administrator Mary Ann Anderson and former Deputy Chief Mark Shea will be recognized at the Gold Bar Gala on April 27.