Due to certain defaults on tax-exempt debt issues that have occurred in the recent past, the federal government, through the Securities and Exchange Commission, has established regulations which require the continuing disclosure of selected information included in Official Statements to be made on an annual basis. This information must be filed with certain agencies which make the information available to the investment community. As a result of these regulations, potential investors in the secondary market now have updated information which they may reference when making investment decisions.

While the governmental entity is responsible for making secondary market disclosures, we at Bowman & Company LLP have the ability to assist entities in meeting their disclosure responsibilities. In fact, we are frequently in an advantageous position to complete the information required, since, in most cases, we have been involved with the preparation of the Official Statement.