• Review and analysis of all relevant information regarding each bond issue that is still subject to arbitrage rebate or yield restriction requirements both at determined intervals and upon the request of the SBOF. • Notification to the SBOF of any changes in arbitrage compliance regulations; • Preparation of all forms, reports, and other required filings with the IRS relating to arbitrage rebate or yield reduction payment compliance activities. • Consultation with tax counsel and other identified parties on interpretation of arbitrage rebate and compliance. • Oversight to ensure that 8038T filing deadlines are met for all bond issues. • Provision of summary spreadsheets detailing arbitrage rebate payments paid to date on Bond Issues and other information requested. • Assistance to the SBOF in the preparation and filing of paperwork required for filing IRS Forms 8038-R, 2848, and any other forms as required should the SBOF request a refund of a negative liability and correspond with the IRS on any refund requests. • Educate SBOF staff and the State Treasurer’s Office as necessary on U.S. Treasury investments, such as the Demand Deposit SLGS Program. • At the explicit request of the SBOF perform cash flow analysis, assist the SBOF in subscribing for the investment in and redemption of Demand Deposit SLGS, and monitor demand deposit SLGS rates.
