Fuel Budgeting Program

Protecting Fuel Budgets

About the Program

Fuel prices are volatile and make the budgeting process difficult.  The Fuel Budgeting Program provides a tool for local government to protect against market volatility by acting as insurance against rising and unpredictable fuel prices. 

 

The Indiana Bond Bank is pleased to announce that we are accepting applications for our 2022 Cap-Only Structure program, which gives you the benefits of protection against rising fuel prices with no penalty for sinking fuel prices. 

 

To learn more about the new Cap-Only structure and how to become a part of the program, please click here to register for our upcoming July 21st |2PM ET informational webinar on how the program serves local units of government in Indiana!

 

Please contact us at fuel@inbondbank.com to learn more about how to apply!

 

 

The Benefits of Protecting Your Budget

A Resource for Local Government

To insure budgets from volatility in fuel prices

Shared Program Costs

Costs are spread across entities to ensure efficiency

The Fuel Budgeting Process

  • Fuel Purchase

    You continue to purchase fuel from your local provider.

  • Application

    Short application available every September.

  • Level of Participation

    Maximum participation is 80% of annual consumption.

  • Legal Documents

    Participation in the program requires legal paperwork which is provided by the Bond Bank.

Want to learn more about the Fuel Budgeting Program?