In order to cover temporary cash flow shortfalls in certain operating funds, the County may issue short term Tax and Revenue Anticipation Notes ("TRANs").
TRANs are required to be paid-off prior to the end of the County's fiscal year, and usually have terms of six months or less.
Calendar Year
Series
Amount
Date of Sale
Interest Rate
Yield
2009
2009
$45,000,000
10/1/2009
1.25%
0.35%
2008
None Issued
0
-
-
-
2007
None Issued
0
-
-
-
2006
None Issued
0
-
-
-
2005
None Issued
0
-
-
-
Salt Lake County Government Center – 2001
South State Street Salt Lake City, UT 84190 – 801 468-3000