Boise, Idaho – Under the direction of Governor Brad Little and State Treasurer Julie Ellsworth, the State of Idaho will not borrow money in the bond market to meet anticipated cash flow requirements for the current fiscal year.
This is the first year since 1982 that the Idaho State Treasurer will not issue a State of Idaho Tax Anticipation Note (TAN) to meet the anticipated cash flow requirements due to the time lag between when state revenue is received and when state expenses are incurred.
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