Dayton Port News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Port authority announces $5 million increase DAYTON – Joseph M. Geraghty, executive director of The Dayton-Montgomery County Port Authority, in conjunction with the Port of Greater Cincinnati Development Authority, announced a $5 million increase in the Southwest Ohio Regional Bond Fund Parity Reserves amount, which is jointly operated by both port authorities. The additional $5 million supplements the authorities very strong reserve position. Parity Reserves are “common” reserves held in the Southwest Ohio Bond Fund (SWORBF) and are available to make Bond debt service payments on behalf of borrowers and, also, supplement existing funds held in the SWORBF which are available to support regional economic development projects and jobs.

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