James A. Diossa, General Treasurer
Rhode Island Investor Relations
Rhode Island Investor Relations
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New Money - $146.7 million* for projects, including:
o Education: $64.5 million for School Buildings, $13 million for URI, RI College and Community College of RI, $6.8 million for Early Childhood and Education
o Environmental Brownfields Remediation, Municipal Resiliency and Forest Restoration
o Economic Development: Affordable, Port Projects, Recreation Projects
o $471.5 million of authorized but unissued bonds after the bond issue.
New Money Bond Structure*
o 2023 Series A (Tax-Exempt): $118 million amortizing over 20 years
o 2023 Series B (Taxable): $28 million amortizing up to 10 years
o Overall level annual debt service over 20 years
Refunding Bonds 2023 Series C: Refund 2012B and 2014A, subject to market conditions
*Preliminary, subject to change
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