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Enactment of this bill will authorize up to $240,000,000 of General Obligation bonding for highway construction projects. The provisions of the bill also authorizes the use of Bond Anticipation Notes for short term funding requirements. It is estimated that the FY 1999 debt service to cover the General

 

FY 99 Approp. FY 00 Approp. FY 99 Revenue FY 00 Revenue
Trust Funds $9,000,000 $12,000,000 $0 $0
Bonding $0 $0 $240,000,000 $0
TOTAL $9,000,000 $12,000,000 $240,000,000 $0

 

Office of the Legislative Fiscal Analyst

2/27/1998 2:28:55 PM

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