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Finacial Advisory Services



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Jeff Williams
State of MT
[email protected]
The Department of Natural Resources and Conservation (DNRC) bond programs are low volume programs where, in any given year, there may only be a single bond sale. For the Renewable Resource Private Loan Program, a $1.5 to $2 million, taxable, general obligation bond is sold every 18 to 24 months. A coal severance tax bond is sold about every two to three years. These program bonds are sold competitively. In addition to the sale of bonds, the Financial advisor (FA) has provided advice to the DNRC on legislative and market issues that effect the bond programs.

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