State Sells Bond To Deal With Budget Crunch by admin | Apr 11, 2003 | Politics / Govt | 0 comments The state has sold almost $400-Million in bonds to help it get through the budget crunch. The state will be paying off those bonds for 25 years. The money from the bonds will be used to plug budget gaps for the next 15 months. Share this:FacebookTwitterLinkedInWhatsAppEmail