Oct 13, 2023BoardMeeting
BoardCapital Debt Affordability Committee Agenda
The Capital Debt Affordability Committee meeting included discussions on the size and condition of state tax-supported debt, covering general obligation bonds, capital leases, consolidated transportation bonds, Maryland Stadium Authority bonds, and Bay Restoration Bonds. The committee also reviewed the size and condition of debt of higher education institutions, including Baltimore City Community College, Morgan State University, the University System of Maryland, and St. Mary's College. Additionally, the meeting addressed capital spending, growth in the capital budget, and projections for future issuances and affordability benchmarks.