2018 Birmingham warrant issue

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The 2018 Birmingham warrant issue was a sale of $40 million in capital warrants offered by the City of Birmingham to finance development of a new Bus Rapid Transit system and several other public projects.

The warrant offer is for a 25-year repayment period with an anticipated interest rate of 3.68%, to be paid from the city's general fund through 2043. Along with the new warrants, the city refinanced $40 million of Series 2007A bonds, for a savings of about $7 million to the city's bond reserve fund over their remaining term, to 2033.

Funded projects


  • Edgemon, Erin (July 30, 2018) "How Birmingham plans to spend $40 million in capital improvements warrants." The Birmingham News