Prepay Bonds

On Episode 62 of the TID Water & Power Podcast we're joined by TID Chief Financial Officer and Assistant General Manager of Financial Services, Brian Stubbert, to discuss prepay bonds.In a time when everything is getting more expensive, TID remains committed to our mission of providing reliable and competitively priced water and power. As such, TID is always exploring ways to ensure the lowest rates for our customer-owners. One such way, in recent years, has been prepay deals. These complex financial arrangements will provide TID savings on commodities that the District is already purchasing, such as natural gas to generate power. On this episode we discuss how prepay bonds work, how the District is leveraging these bonds, and the reason prepay deals make sense for TID. Let’s get social! Facebook: @TurlockIDInstagram: @TurlockIDTwitter: @TurlockIDLinkedIn: /company/turlockidFind out more about TID at https://www.TID.org/podcast.