Ohio Treasurer Announces 2023 Savings for City of Euclid

By Bloomberg Tax Automation The Ohio Market Access Program (OMAP) administered by Ohio Treasurer Robert Sprague (OTR) has helped the city of Euclid...

May 12, 2023
12:34 AM

By Bloomberg Tax Automation The Ohio Market Access Program (OMAP) administered by Ohio Treasurer Robert Sprague (OTR) has helped the city of Euclid (Cuyahoga County) enter the market and save an estimated $1,162.50 in interest costs over the next year, the Office of the Treasurer announced. This issuance marks the sixth time that the city has utilized OMAP to achieve savings. The original note was issued to finance the purchase of motor vehicles. Since its 2014 launch, OMAP has supported more than 265 deals, ranging from $365,000 to over $100 million.

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