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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.
Please visit the Treasurer’s Bond Projects Dashboard at bondprojects.maine.gov for more information.
OFFICE OF THE STATE TREASURER | |||||
2018 Bond Project Funding | |||||
Agcy | Law | Description | Tax Status | Amount | |
DOT | 2015 PL Ch 478 | Highway & Bridge | E | 10,000,000 | |
DOT | 2015 PL Ch 478 | Ports, harbors, marine transport, aviation, freight, and passenger rail, transit, pedestrian and bicycle trails | T | 5,000,000 | |
DOT | 2017 PL Ch 299 | Highway & Bridge | E | 70,000,000 | |
DOT | 2017 PL Ch 299 | Ports, harbors, marine transport, aviation, freight, and passenger rail, transit, pedestrian and bicycle trails | T | 8,000,000 | |
MTI/DECD | 2015 PL Ch 479 | Stimulate investment through commercialization and R&D for infrastructure, equipment and technology upgrades | E | 25,000,000 | |
FAME | 2015 PL Ch 479 | Stimulate investment and innovation by lending to or investing in small businesses | E | 5,000,000 | |
USM | 2013 PL Ch 572 | Animal/plant disease & insect control facility at UME Co-op Ext | T | 2,500,000 | |
TOTAL | 125,500,000 | ||||
Taxable | 15,500,000 | ||||
Tax-Exempt | 110,000,000 |