Fuel Budgeting Program
Protecting Fuel BudgetsFuel 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 it Cap-Only Structure, 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, please click here to view our June 2019 Webinar (password: 0E?t2H.E).
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
Expert Advice & Experience
We provide experienced industry experts and professionalsThe 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?