Miami-Dade County School, Fla., preps $296 million short-term note deal

By Sheri Kasprzak

New York, July 8 – The Miami-Dade County School District of Florida is scheduled to price $296 million of series 2016 tax anticipation notes on Tuesday, said a preliminary official statement.

The notes (MIG 1) will be sold competitively with Public Financial Management Inc. as the financial adviser.

The notes are due Feb. 23, 2017.

Proceeds will be used to finance cash requirements ahead of the collection of certain taxes.

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