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PAB 2017 Volume Cap – Available Allocation

After each quarterly Private Activity Bond Authority Board Meeting the remaining balance in each volume cap account will be posted. For additional information regarding the available dollar amount in a specific account, please contact PAB or see the attached chart for the distribution of volume cap as it goes through the yearly cycle.  Volume Cap Cycle  Projects approved at each Board Meeting may be found on this page of the web site.

Private Activity Bond Available Volume Cap – January 1, 2017
Total Volume Cap Allocation – $305,315,000

Single Family Account – $128,232,300
Student Loan Account – $100,753,950
Small Issue Account

  • Manufacturing Sub-Account – $36,637,800
  • Multi-Family Sub-Account – $36,637,800

Exempt Facilities Account- $3,053,150

Qualified Energy Conservation Bond Volume Cap – Remaining Balance – $4,306,920; State’s Allocation Amount

January 11, 2017 Board Meeting

2017 Private Activity Bond Volume Cap – Total Remaining Balance – $177,082,700
Single Family Account – $0
Student Loan Account – $100,753,950
Small Issue Account

  • Manufacturing Sub-Account – $36,637,800
  • Multi-Family Sub-Account – $36,637,800

Exempt Facilities Account – $3,053,150

Qualified Energy Conservation Bond Volume Cap – Remaining Balance – $4,306,920; State’s Allocation Amount

April 12, 2017 Board Meeting

2017 Private Activity Bond Volume Cap – Total Remaining Balance – $125,444,900
Single Family Account – $0
Student Loan Account – $100,753,950
Small Issue Account

  • Manufacturing Sub-Account – $21,637,800
  • Multi-Family Sub-Account – $0

Exempt Facilities Account – $3,053,150

Qualified Energy Conservation Bond Volume Cap – Remaining Balance – $4,306,920; State’s Allocation Amount

July 1, 2017 Board Meeting

2017 Private Activity Bond Volume Cap – Total Remaining Balance – $125,444,900
Single Family Account – $0
Student Loan Account – $100,753,950

Per State Statute, on July 1, all remaining cap from the Small Issue Account ($21,637,800) and the Exempt Facilities Account ($3,053,150) is put into the Pool Account ($24,690,950).  Fifty percent (50%) of the Pool Account is required to go back to the Manufacturing Sub-Account.  Multi-Family housing projects and Exempt Facilities projects can apply for the volume cap in the Pool Account.  The totals are:

  • Pool Account – $12,345,475
  • Manufacturing Sub-Account – $12,345,475

Qualified Energy Conservation Bond Volume Cap – Remaining Balance – $4,306,920; State’s Allocation Amount

October 1, 2017 Board Meeting

2017 Private Activity Bond Volume Cap
Per State Statute, on October 1, remaining cap from all accounts (Student Loan – $100,753,950; Manufacturing Sub-Account – $12,345,475)  is put into the Pool Account.  Any account can apply for an allocation of volume cap.   The remaining total is:

  • Pool Account – $125,444,900

Qualified Energy Conservation Bond Volume Cap – Remaining Balance – $4,306,920; State’s Allocation Amount

December 20, 2017 Board Meeting

2017 Private Activity Bond Volume Cap
Per State Statute, on October 1, remaining cap from all accounts is put into the Pool Account. Any account can apply for an allocation of volume cap. The remaining total is:

  • Pool Account – $56,802,900

Qualified Energy Conservation Bond Volume Cap – Remaining Balance – $4,306,920; State’s Allocation Amount