Office of State and Local Finance

The Office of State and Local Finance serves as staff to, and performs certain duties and functions for, the Tennessee State Funding Board, the Tennessee Local Development Authority, and the Tennessee State School Bond Authority. These duties include the issuance and management of the State’s debt for the Funding Board as well as the Authorities. The Office also provides statutorily mandated oversight, review and approval of debt issuances, budgets, and certain investments of local government entities. The Office also serves as staff to the Water and Wastewater Financing Board and the Utility Management Review Board.