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.
FY2023 Bond Project Funding
| Agency | Law | Description | Tax Status | Amount after 7/22 Bond Sale |
|---|---|---|---|---|
| DOT | 2021 PL Ch 408 | Highway & Bridge | E | 20,000,000 |
| DOT | 2021 PL Ch 408 | Ports, harbors, marine transport, aviation, freight, and passenger rail, transit, pedestrian and bicycle trails. | E | 15,000,000 |
| 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 | Ports, harbors, marine transport, aviation, freight, and passenger rail, transit, pedestrian and bicycle trails. | T | 15,000,000 |
| CMEA | 2019 PL Ch 673 | High Speed Internet Infrastructure for unserved and underserved areas | E | 3,600,000 |
| UMS | 2017 PL Ch 465A | Modernize facilities and infrastructure at UMS to strengthen Maine's economy and future workforce | T | 7,155,000 |
| UMS | 2017 PL Ch 465A | Modernize facilities and infrastructure at UMS to strengthen Maine's economy and future workforce | E |
5,715,000 |
| Total | $ 71,470,000 | |||
| Taxable | $ 27,155,000 | |||
| Tax-Exempt | $ 44,315,000 | |||