Frequently Asked Questions About Tax-Exempt Municipal Leasing
This Frequently Asked Questions section is designed to assist state and local government customers by addressing some of the questions and issues most commonly raised during our experiences in serving the public finance market.   The information provided ranges from the basics of tax-exempt leasing to items which provide a little more detail of a technical nature.  This FAQ is intended as a reference source to explain general principles, and should not be relied upon as a substitute for professional financial and legal advice with respect to a particular lease financing. 

Since we continually learn from interactions with our municipal customers, future additions to this FAQ will originate from ongoing experiences in serving state and local government departments and agencies.

The FAQ is divided into three sections; each containing helpful information.  Please select the section that covers your particular area of interest.