TITLE

A New Administration Gets Busy With Toll Road Sale, Issuer Revamp

AUTHOR(S)
Carvlin, Elizabeth
PUB. DATE
March 2006
SOURCE
Bond Buyer;3/30/2006, Vol. 355 Issue 32350, Special section p42
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article provides an overview of the fiscal condition of Indiana. The administration of Governor Mitch Daniels has leased the $3.85 billion Indiana Toll Road to a private operator. Meanwhile, the Public Employees' Retirement Fund of Indiana and five other pension plans have a total assets of $1.3 billion as of June 30, 2005. The Indiana State Teachers' Retirement Fund has a total asset of $7.1 billion and an unfunded actuarial accrued liability of $9.2 billion.
ACCESSION #
20409228

 

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