2008 Session

Budget Amendments - SB29 (Committee Approved)

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Capture debt service savings

Item 280 #1s

Item 280 #1s

First Year - FY2007 Second Year - FY2008
Treasury Board FY2007 $0 FY2008 ($2,154,700) GF

Page 121, line 47, strike "$30,806,751" and insert "$28,652,051".

(This amendment captures debt service savings of $2.2 million by adjusting the appropriation for debt service payments for the 2002 General Obligation Bonds. The introduced budget includes funding for debt service that is no longer needed based on Treasury's latest estimates of debt service requirements for the 2002 General Obligation Bonds.)