ITD’s refinancing of GARVEE bonds shaves another $15.5M from debt; $41M saved so far
BOISE – Ever since the Idaho Transportation Department (ITD) took the leap into the world of Grant Anticipation Revenue Vehicle (GARVEE) bonding more than 15 years ago to pay for needed highway projects, the department has sought ways to refinance and restructure that debt to be the best possible steward of taxpayer funds. GARVEE bonding … Read more