$14 Billion in Cash Flow Stability for Local Government since 1984

Advance Funding Program

Sometimes things don't go as planned. Through no fault of your own, you have a timing mismatch between expenses being due and your property tax disbursement. Through the Advance Funding Program, the Indiana Bond Bank offers cash flow stability to units of government through pooled tax anticipation warrants at an all-inclusive competitive rate. Since 1984, the Advance Funding Program has assisted over 250 units of government with $14 Billion in short-term cash flow needs.

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What makes us different

All-Inclusive Rate with No Upfront Costs
30+ Years of Experience
Short Term Cash Flow Financing
Cash Flow Analysis from IBB's Team of Professionals

The process

  1. The Indiana Bond Bank sends you an application packet.
  2. After you submit, the Indiana Bond Bank reviews your application and cash flows.
  3. The Indiana Bond Bank will also provide a sizing analysis stating the amount you are eligible to borrow
  4. You receive all the legal documents you need for local approvals.
  5. The Indiana Bond Bank closes on the transaction and disburses funds to you.
I: Reviews Swiper

As Mayor of the City of Evansville, and a participant in the May closing of the 2020 Advance Funding Midyear Program, I would like to thank the Indiana Bond Bank for the quality service that they provided to the city.  In a time of uncertainty for local units of government, education and small business, having the IBB as a trusted source of cashflow stability at an attractive, all-inclusive rate, gave our team at the city one less obstacle to overcome. The IBB team made the process easy for our city and I highly recommend this program to other units of government facing uncertainty in cashflow projections and timing of property tax collections.

The Honorable Lloyd Winnecke Mayor City of Evansville

As a new school business manager, I learned early that the Indiana Bond Bank was a valuable partner for our school district. Everyone I have worked with at IBB has been helpful and gracious in securing Tax Warrant funding for Baugo. IBB has made my job easier and worked with us to accomplish our financial goals.

Zac Quiett Business Manager Baugo Community Schools
Reviews of IBB

Check Back in Spring 2023 for the Next Round of Applications for the Advance Funding Program (Midyear Version).

In the meantime, sign up for the Advance Funding interest list to receive important updates and announcements on the program.

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Other areas we can halp

calculator and budget documents

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Interim Loan Program

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