Staff assists the State Treasurer with administering the State's existing debt and recommends scheduling of new debt when authorized by the Legislature and the electorate. Also, assists State Authorities and other departments with debt issuance, including the payment of debt service, compiling information for rating agencies, and reporting information needed to comply with Federal tax laws pertaining to the issuance of tax-exempt debt.

The State has outstanding approximately $1.5 billion in general obligation debt.

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