Financial Services

The Finance department provides for the issuance of private activity bonds to finance solid waste facilities or industrial development facilities as provided by IRS rules.  These bonds can be issued either directly by GCA or through its industrial development corporation, the Gulf Coast Industrial Development Authority, depending on the structure of the financing.

The department also provides accounting, financing and cash management services to the GCA’s facilities as well as the central office.  These services include:  general ledger accounting, payroll, accounts payable, accounts receivable, contract management, purchasing, budgeting, fixed assets and project accounting.  All funds of the GCA are comingled and invested in a state investment pool or in securities as authorized by the investment policy.

To request an application form for bond financing please click here.