Bond Sale Results
- 2013
- 2012
- 2011
Bond Sale Notice
- January 23, 2013 Notice
- October 18, 2012 Notice
- August 7, 2012 Notice
- July 18, 2012 Notice
- May 22, 2012 Notice
- February 28, 2012 Notice
- January 31, 2012 Notice
- October 13, 2011 Notice
- July 20, 2011-Updated Notice
- July 19, 2011-Updated Notice
Meeting Notices
- December 14, 2012
- June 14, 2012
- April 25, 2012
- September 29, 2011
- September 7, 2011 REVISED
- June 6, 2011
- January 25, 2011
Meeting Minutes
State Finance Committee
The State Finance Committee (SFC) was created in 1921 and is composed of the Governor, Lieutenant Governor and chaired by the Treasurer. It authorizes the issuance and establishes the terms, conditions and manner of the sale of all bonds, notes and other debt for the state to finance capital projects in the state's capital and transportation budgets. In some cases, the Committee acts to refinance state debt when appropriate to reduce interest costs associated with outstanding bonds of the state.
The Committee also administers the state and local Lease Purchase Program which issues certificates of participation in financing contracts for the acquisition of real and personal property for state and local agencies.
Finally, the Committee also constitutes the Public Deposit Protection Commission (PDPC) which approves financial institutions that may serve as public depositaries authorized to accept deposits of public funds. Learn more about the PDPC.
Debt Issuance Policy and Guidelines
- Debt Issuance Policy
-- Adopted May 24, 1996 (As Amended January 25, 2011) - Guidelines for Use of Financing Contracts
-- Adopted January 25, 2011 - Guidelines for Use of 63-20 Financing Contracts
-- Adopted January 25, 2011 - Guidelines for Use of Federal Highway Grant Anticipation Revenue Bonds
-- Adopted April 25, 2012