Local Debt Management

Arial view of a small town

Welcome to the Local Debt Management Section

The Local Debt Management Section (DMS) of the State and Local Government Finance Division consults with units of local government wishing to apply for Local Government Commission approval of debt. Staff works with local governments to determine the necessity of a project, the size of the issue, and the most expedient form of financing, then guides all projects through a rigorous review to ensure the financing meets all statutory requirements. The Debt Management Section oversees the sale and issuance of all local government debt, then monitors repayment of debt and issues debt notices required under statute.