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The Alabama Economic Settlement Authority issues $628.7 million in bonds backed by payments from BP Oil Settlement.
Finance, Department of:
12/2/2016 - December 2, 2016 – The Alabama Economic Settlement Authority met November 28, 2016 and approved the issuance of $628.7 million in bonds.
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Governor Bentley Signs Executive Order Realigning Information Technology Offices
Finance, Department of:
11/30/2016 - Governor Robert Bentley signed Executive Order 26 on November 1, 2016 directing the Alabama Department of Finance to transition its Information Services Division (ISD) and State Business Services Division (SBS) into the Alabama Office of Information Technology.
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Alabama State Bond Commission successfully refinances $105.1 million
Finance, Department of:
10/24/2016 - October 6, 2016 – The Alabama State Bond Commission successfully refinanced $105.1 million of outstanding general obligation bonds, resulting in net present value savings of more than $11 million for Alabama taxpayers.
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Public School College Authority
Finance, Department of:
3/1/2012 - February 29, 2012 -- The Alabama Public School and College Authority (PSCA) successfully completed the refinancing of $90.9 million of outstanding Capital Improvement Pool Bonds and the refinancing of $90.6 million of Economic Development and Training bonds issued, issued in 2002 and 2003. Together, the two bond deals are expected to result in savings of over $26 million over the life of the bonds.
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