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Budget Recommendations

Treasurer and Receiver-General

Treasurer and Receiver-General
    Office of the Treasurer and Receiver-General
Account Description FY05
Projected
Spending
FY06
House 1
 
Grant Anticipation Notes Debt Service  
   0699-9101   For the purpose of depositing with the trustee under the trust agreement authorized in section 10B of chapter 11 of the acts of 1997, as amended, an amount to be used to pay the interest due on notes of the commonwealth issued pursuant to section 9 of said chapter 11, as amended, and secured by the Federal Highway Grant Anticipation Note Trust Fund; provided, that notwithstanding the provisions of any general or special law to the contrary, the state treasurer is hereby authorized to make payments pursuant to the provisions of section 38C of chapter 29 of the General Laws from this item for the bonds, notes, or other obligations authorized to be paid from this item 73,260,000 67,408,000
 
 
 Reduced funding to support debt service obligation.