Treasurer Sprague Announces 2024 OMAP Savings for the Village of Holiday City

COLUMBUS – The Ohio Market Access Program (OMAP) administered by Ohio Treasurer Robert Sprague has helped the Village of Holiday City (Williams County) enter the market and save an estimated $12,366.03 in interest costs.

“By leveraging the state’s high credit rating, OMAP continues to improve market access for our local governments while they work to drive down overall interest costs,” said Treasurer Sprague. “The Ohio Treasurer’s office is proud to continue its partnership with the Village of Holiday City and to assist them in achieving meaningful savings.”

The original note was issued to finance the construction of the Selwyn Drive Substation. This most recent issuance marks the ninth time the village has utilized OMAP. The previous eight deals have saved the village an estimated $143,203.26 in interest expenses.

OMAP is a credit enhancement program that leverages the state’s excess liquidity and high short-term credit rating to help improve market access and lower borrowing rates for local governments. Since its 2014 launch, OMAP has supported more than 300 deals, ranging from $365,000 to over $100 million. There have been no defaults, and to date, OMAP has generated more than $5.6 million in estimated savings for local governments.

Any government subdivision in good fiscal standing, including cities, villages, school districts, counties, townships, and special districts, issuing short-term debt is eligible to participate. For more information, visit