NAICS Code 523150-08 - Bonds-Special Assessment

Marketing Level - NAICS 8-Digit

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  • Company Name
  • Contact Name (where available)
  • Job Title (where available)
  • Full Business & Mailing Address
  • Business Phone Number
  • Industry Codes (Primary and Secondary SIC & NAICS Codes)
  • Sales Volume
  • Employee Count
  • Website (where available)
  • Years in Business
  • Location Type (HQ, Branch, Subsidiary)
  • Modeled Credit Rating
  • Public / Private Status
  • Latitude / Longitude
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Looking for more companies? See NAICS 523150 - Investment Banking and Securities Intermediation - 5,538 companies, 123,741 emails.

NAICS Code 523150-08 Description (8-Digit)

Bonds-Special Assessment is a subdivision of the Investment Banking and Securities Intermediation industry that involves the underwriting, issuance, and sale of bonds that are secured by special assessments on real estate. These bonds are issued by local governments to finance public improvements such as roads, sidewalks, and sewer systems. The special assessments are levied on the properties that benefit from the improvements and are used to repay the bonds.

Parent Code - Official US Census

Official 6‑digit NAICS codes serve as the parent classification used for government registrations and documentation. The marketing-level 8‑digit codes act as child extensions of these official classifications, providing refined segmentation for more precise targeting and detailed niche insights. Related industries are listed under the parent code, offering a broader context of the industry environment. For further details on the official classification for this industry, please visit the U.S. Census Bureau NAICS Code 523150 page

Tools

Tools commonly used in the Bonds-Special Assessment industry for day-to-day tasks and operations.

  • Bond underwriting software
  • Financial modeling software
  • Credit analysis tools
  • Risk management software
  • Bond pricing calculators
  • Market data platforms
  • Investor relations software
  • Compliance management tools
  • Portfolio management software
  • Economic forecasting tools

Industry Examples of Bonds-Special Assessment

Common products and services typical of NAICS Code 523150-08, illustrating the main business activities and contributions to the market.

  • Municipal bond issuers
  • Local government agencies
  • Public improvement districts
  • Real estate developers
  • Infrastructure financing authorities
  • Bond underwriters
  • Financial advisors
  • Credit rating agencies
  • Institutional investors
  • Bond insurers

History

A concise historical narrative of NAICS Code 523150-08 covering global milestones and recent developments within the United States.

  • The "Bonds-Special Assessment" industry has a long history dating back to the early 20th century. The first special assessment bond was issued in 1913 by the city of Berkeley, California, to fund the construction of a sewer system. Since then, the use of special assessment bonds has expanded to finance a wide range of public infrastructure projects, such as roads, bridges, and schools. In recent years, the industry has seen notable advancements in the use of technology to streamline the bond issuance process and improve transparency. For example, some issuers are now using blockchain technology to issue bonds, which can reduce costs and increase efficiency. In the United States, the industry has also been impacted by changes in federal tax law, which have made it more difficult for issuers to finance projects with tax-exempt bonds.