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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.
OFFICE OF THE STATE TREASURER | ||||
FY2020 Bond Project Funding | ||||
Agcy | Law | Description | Tax Status | Amount |
DEP | 2017 PL Ch 299 | Competitive grant program to upgrade municipal culverts at stream crossings | E | 3,000,000 |
DEP | 2017 PL Ch 425 | Small Community Grant Program | T | 1,000,000 |
DEP | 2017 PL Ch 425 | Wastewater Treatment Facility Planning and Construction Grants | E | 13,775,000 |
DEP | 2017 PL Ch 467 | Competitive grant program to upgrade of municipal culverts at stream crossings | E | 2,500,000 |
DOT | 2017 PL Ch 467 | Highway & Bridge | E | 10,000,000 |
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 | Highway & Bridge | E | 85,000,000 |
DOT/DECD | 2019 PL Ch 532 | Wharf and bulkhead at the Gulf of Maine Research Institute | E | 1,000,000 |
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 |
MSHA | 2015 PL Ch 337 | Senior housing and weatherization | T | 7,250,000 |
UMS | 2017 PL Ch 465A | Modernize facilities and infrastructure at UMS to strengthen Maine's economy and future workforce | T | 2,885,000 |
UMS | 2017 PL Ch 465A | Modernize facilities and infrastructure at UMS to strengthen Maine's economy and future workforce | E | 5,890,000 |
TOTAL |
$ 141,300,000 |
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Taxable | 16,135,000 | |||
Tax-Exempt | 125,165,000 |