Patent ID: 8332296

Claim:
A system, comprising: a computer processor; a computer memory, communicatively coupled to the computer processor, the computer memory storing instructions which, when executed by the computer processor, perform a method, the method comprising: receiving information pertaining to a previous bond authorization, wherein the information comprises a tax rate cap and an amount of bonds issued from the previous bond authorization; receiving additional information pertaining to an additional amount of bonds to be issued; calculating a projected tax rate for a sum of the total debt service of the amount of bonds issued and the additional amount of bonds to be issued, wherein the calculation is based on projected property valuations, wherein the projected property valuations are based on a plurality of factors including at least an actual growth rate of properties, an economic indicator, and an information retrieved from a third party service; determining that the calculated projected tax rate is greater than the tax rate cap of the previous bond authorization; determining a bond reauthorization amount based at least in part on the additional amount of bonds to be issued, the calculated projected tax rate, and the tax rate cap, wherein the determination calculates a new projected tax rate for the bond reauthorization amount, based at least in part on the projected property valuations, wherein the new projected tax rate is below the tax rate cap; and cancelling, from the previous bond authorization, an amount of bonds based at least in part on the determined bond reauthorization amount.