The Indiana Bond Bank (the “Bond Bank”) was created by the General Assembly to assist local units of government with the process of issuing debt (IC 5-1.5). The Bond Bank is now accepting applications for the 2020 Advance Funding Program. Since 1988, the Advance Funding Program has been helping entities with their cash flow needs. In an effort for our staff to be prepared to serve your needs, we ask that you indicate below your intentions regarding participation in the 2020 Midyear Advance Funding Program.
If your entity may experience cash flow difficultly due to the delay in the collection and distribution of property taxes, the Midyear program will be your opportunity to borrow to meet your cash flow needs.