Jefferson County School Finance Corporation
The District has various special purpose committees and a single special purpose corporation.
Jefferson County Schools Finance Corporation (JCSFC) was incorporated on November 15, 1984 and is a nonprofit public benefit corporation organized to serve as a third party conduit for the issuance of debt to borrow money (Lease-Revenue Obligations/Certificates of Participation). A third party conduit is necessary to facilitate the legal structure for the transaction. JCSFC operates under its own bylaws which can be reviewed below.
The Board consists of five members who serve on the Board of Directors with terms of five years.