Patent ID: 6871189
Filing Date: 2005-03-22
Classification: G06Q

Abstract:
1. A method of creating and administering a bond issue by a bond manager for a municipal taxing authority of a community, comprising the steps of: (a) using a computer to store and process data in a database, the database being configured to store for retrieval selected information regarding creation and administration of the bond issue; (b) storing and processing data representing information needed to determine bond utilization in the community governed by the municipal taxing authority, said step of storing and processing data comprising the steps of: (c) storing and processing data representing information about a specific real estate purchaser, the real estate to be purchased, the use to which the real estate will be put, and projected purchaser income and income growth to predict whether participation in a primary bond issue would be financially beneficial to the purchaser; (d) storing and processing data representing information about the condition of the bond issue to enable the bond manager and the municipal taxing authority to determine the capacity of the municipal taxing authority to repurchase bonds from real estate sellers; (e) storing and processing data representing taxes serviced by the bond issue; (f) storing and processing data representing improvements made to the property and whether those improvements require a change in the tax value of the property; and (g) storing and processing data representing conditions for closing the bond issue.