Public Finance(Back to Practice Areas)

Powell & Leon is listed in the Bond Buyer’s Municipal Marketplace (Redbook). We counsel school boards routinely on various aspects of elections requirements in local elections, including acting as District counsel in local bond elections. P&L is experienced in interpreting public finance legislation and in providing counsel to public entities on public finance issues.  Sara Leon represented school districts challenging Senate Bill 7 in the landmark Edgewood IV school finance litigation, and Blake Powell represented a coalition of ten school districts in a contested case involving the distribution of County Education District funds.  We have assisted many school districts in construction transactions involving state Instructional Facility Allotment funds and revenue bonds for the lease-purchase of permanent school facilities.  P&L regularly assists school districts in developing cooperative agreements for the use of school equalization funds for such uses as funding alternative education programs and regional technology programs and has been sought out by a number of school districts to develop specialized interlocal agreements involving the use and disposition of Chapter 41 funds.