Notes to the Financial Statements
June 30, 2009
Note 26 Subsequent Events
In July 2009, the State issued $115.8 million of Clean Water Fund revenue bonds. The bonds will mature in years 2010 through 2022 and bear interest rates ranging from 1.5 percent to 5.0 percent.
In October 2009, the State issued $196 million of Special Tax Obligation Transportation Infrastructure bonds. The bonds will mature in years 2010 through 2029 and bear interest rates ranging from 2.5 percent to 5.0 percent.
In October 2009, the State issued $304 million Special Tax Obligation "Taxable Build America" Bonds. The bonds will mature in years 2020 through 2029 and bear interest rates ranging from 4.86 percent to 5.74 percent.
In October 2009, the State issued $49.8 million of Special tax obligation refunding bonds. The bonds will mature in years 2010 through 2014 and bear interest rates ranging from 2.50 percent to 5.00 percent.
In December 2009, the State issued $915.8 million of General Obligation Economic Recovery Notes. The notes will mature in years 2012 through 2016 and bear interest rates ranging from 2.00 percent to 5.00 percent.
In December 2009, the State issued $165.8 million of General Obligation Bonds. The bonds will mature in years 2012 through 2014 and bear an interest rate of 5.00 percent.
In December 2009, the State issued $450.0 million of General Obligation "Taxable Build America" Bonds. The bonds will mature in years 2020 through 2029 and bear interest rates ranging from 4.95 percent to 5.63 percent.