Debts & Bonds

The Treasurer is responsible for issuing notes and bonds to provide funds for state needs. The Treasurer prepares the proposals, obtains approvals, prints the bonds or notes, receives bids, and closes the sale. Records are maintained of all issues. Payments to fiscal agents for notes, bonds, and coupons that mature are initiated by the Treasurer's Office.

FY2021 Bond Project Funding

Agency Law Description Tax Status Amount
DEP 2017 PL Ch 467 Competitive grant program to upgrade of municipal culverts at stream crossings E 2,500,000
DEP 2019 PL Ch 532 Competitive grant program to upgrade municipal culverts at stream crossings E 4,000,000
DOT 2017 PL Ch 467 Ports, harbors, marine transport, aviation, freight, and passenger rail, transit, pedestrian and bicycle trails. T 5,000,000
DOT 2019 PL Ch 532 Ports, harbors, marine transport, aviation, freight, and passenger rail, transit, pedestrian and bicycle trails. T 5,000,000
DOT 2019 PL Ch 673 Highway & Bridge E 90,000,000
CMEA 2019 PL Ch 673 High Speed Internet Infrastructure for unserved and underserved areas E 2,000,000
MCCS 2017 PL Ch 465B Upgrade facilities at MCCS to provide access to high-skill, low-cost technical and career education E 4,000,000
UMS 2017 PL Ch 465A Modernize facilities and infrastructure at UMS to strengthen Maine's economy and future workforce-Taxable T 5,000,000
Total $ 117,500,000
   
Taxable $ 15,000,000
Tax-Exempt $ 102,500,000

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