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Debt Affordability Study Shows Room For Capital Investments

Debt Affordability Study Shows Room For Capital Investments

The state is well-positioned for a school capital bond, according to a presentation shared by legislative staff with the House Capital Appropriations Committee on Tuesday. Speakers from the Fiscal Research Division and the Office of State Budget and Management (OSBM) noted the 2021 Debt Affordability Study states $3.22 billion in General Fund debt could be issued next fiscal year.