Finance
Our attorneys advise college clients on finance and compliance issues including Truth in Taxation procedures and other legal requirements relating to tax levies, interfund transfers, use of tort immunity funds, fiscal strategies in the “cap” era, and referendum requirements. We also have significant experience as issuer’s counsel on behalf of colleges in connection with various bond issues, tax anticipation warrants, and lines of credit.
Our firm has defended clients against rate objections filed with respect to their tax levies, and has challenged tax assessments which colleges and other governmental bodies believed to be excessively low. We have successfully represented higher education institutions in exemption challenges concerning highly valued properties and Property Tax Appeal Board (PTAB) and Board of Review cases.
