TITLE

Maryland Governor Proposes $695M Tax-Exempt Bond Plan for FY 2006

AUTHOR(S)
Vadum, Matthew
PUB. DATE
January 2005
SOURCE
Bond Buyer;1/28/2005, Vol. 351 Issue 32059, p4
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports that Maryland Governor Robert L. Ehrlich has proposed a $947.5 million fiscal 2006 capital budget for the triple-A rated state. The proposal includes $695 million of tax-exempt bonds, mostly for education-related projects. Of the $695 million of bonds, $670 million would be general obligation debt, and $25 million would be revenue bonds. The $695 million is slightly above the $680 million that Ehrlich proposed in the fiscal 2005 capital budget. Of the $695 million, the governor has proposed spending $395 million on education-related capital projects.
ACCESSION #
15862629

 

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