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Title: School Districts and State Takeovers

When: Thursday, October 18th, 2012, at 1:00pm.

Description: School districts are generally among the more fiscally responsible municipal entities.  Though, like any municipal entity, some are facing situations where they must pare back expenses in response to declining revenues.  While most are successful, some find it more challenging.  By understanding the general sources and uses of cash flows, an investor can better understand why many school districts have successful financial practices, and others struggle.

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This report is prepared for general circulation and is for informational purposes only. It is not intended as an offer or solicitation for the purchase or sale of any financial instrument or service. Alamo Capital is a Broker Dealer Member: FINRA & SIPC.

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