Sec. 1231.024. SEARCHABLE DATABASE FOR LOCAL BOND OBLIGATIONS. (a) The board shall develop and maintain on the board's Internet website a publicly accessible and searchable database that provides, in a table format that is easy to read and understand, information on each bond proposed or issued by a local government. (b) The database must include for each proposed and issued bond listed in the database: (1) the amount of the principal of the bond; (2) the estimated amount of interest on the bond; (3) the estimated total amount to pay the principal of and interest on the bond; and (4) the estimated minimum dollar amount required to be annually expended for debt service.
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