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State of Alaska > Department of Education & Early Development > Data Management  

 

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Option Detail

Please find below Option Detail information.
Name
2952 - Certificates of participation


Definition
A financing instrument that permits a school district or municipality to commit to making future payments without incurring "debt" by using a lease payment as "fees for services" that is subject to appropriate risk.


Related Elements
Debt Financing Type
 
Option Code
2952


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