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 Advance Funding Program assists local units of government with cash flow financing due to delays in property tax collection.
The Bond Bank is now accepting applications for the 2021 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 2021 Advance Funding Program.
Interim funds are available on January 4, 2021 and the program will close on January 28, 2021.