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Home » Press Releases » Dept. of Administration: Gov. Evers announces paying down of General Fund Annual Appropriation Bonds
Madison, Wis. – Gov. Tony Evers today announced the paying down of General Fund Annual Appropriation Bonds tied to tobacco settlement revenues. 2023 Wisconsin Act 19 included $400 million to pay down these existing bonds. By leveraging the current interest rate environment, the Department of Administration (DOA) was able to retire $415 million of debt, resulting in future deb...