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Published on 6/2/2011 in the Prospect News Municipals Daily.

Kern County, Calif., prepares $200 million TRANs offer for Tuesday

By Sheri Kasprzak

New York, June 2 - The County of Kern, Calif., is set to price $200 million of series 2011-12 tax and revenue anticipation notes on Tuesday, said a notice of sale.

The notes (/SP-1+/) will be sold competitively with KNN Public Finance as the financial adviser.

The notes are due June 29, 2012.

Proceeds will be used to meet the county's general fund expenditures for the coming fiscal year ahead of the collection of taxes and revenues.


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