municipal borrowing
City borrowing for infrastructure, equipment, projects, and public funding options.
What to Watch
Watch for 2027 debt-payment figures, the projects driving them, and later decisions on the sewer and water-service financing.
Coming Up
The Story
The Personnel and Finance Committee is scheduled to review the 2027 budget for payments on past and planned borrowing Oct. 29. Earlier this year, council approved an eligibility step for up to $11.5 million in future state financing for 2027 sewer and water-service work; the actual loan amount and construction approvals come later.
Key Decisions
-
passed 8-0 City Council Work Session · Jun 29, 2026 Resolution Declaring Intent to Reimburse Expenditures from Proceeds of Borrowing for 2027 Sewer Rehabilitation and Water-Sewer Lateral Replacement Projects
Motion to approve the Resolution Declaring Intent to Reimburse Expenditures from Proceeds of Borrowing for 2027 Sewer Rehabilitation and Water-Sewer Lateral Replacement Projects
Bill LeClair YesDoug Brandt YesTim Petri YesKatherine Dahlke YesAdam Wachowski YesDarla LeClair YesMark Bittner Yes -
passed 9-0 City Council · Apr 6, 2026 26-052 Resolution Authorizing Borrowing $496,676 from WPPI Energy at 0% Interest for Critical Utility Infrastructure Projects
Motion to waive reading and approve the resolution (26-052) authorizing borrowing $496,676 from WPPI Energy at 0% interest for critical utility infrastructure projects
Bill LeClair YesDoug Brandt YesTim Petri YesAdam Wachowski YesDarla LeClair YesMark Bittner YesShannon Derby Yes -
passed 8-1 City Council · Feb 16, 2026 26-026 Resolution Authorizing the Issuance and Establishing Parameters For the Sale of Not to Exceed $2,565,000 General Obligation Promissory Notes
Motion to waive reading and adopt the resolution
-
passed Personnel and Finance Committee · Feb 10, 2026 Consideration of Recommendation to City Council Regarding Parameters Resolution for
Motion to recommend the proposed borrowing plan as presented to City Council.
-
passed 6-3 City Council · Jan 19, 2026 26-015 Resolution Declaring Official Intent to Reimburse Expenditures from Proceeds of Borrowing 2026 Capital Projects
Motion made by B. LeClair, seconded by Bittner to waive reading and adopt the resolution.
Record
-
City Council approved a resolution declaring its intent to reimburse eligible early costs for 2026 capital projects and equipment with future borrowing, up to $2,563,818.
City Council -
The 2026 reimbursement-intent resolution stated that $350,000 would be repaid by the Electric Utility rather than the Debt Service Fund.
City Council -
City Council adopted the 2026 reimbursement-intent resolution on a 6-3 vote.
City Council -
A meeting agenda included a discussion with Robert W. Baird and Company regarding borrowing.
Personnel and Finance Committee -
A meeting agenda included consideration of a recommendation to City Council on a borrowing parameters resolution; the available title was incomplete.
Personnel and Finance Committee -
City Council approved borrowing parameters for up to $2,565,000 for 2026 capital projects, with $2,215,000 supported by the property tax levy and $350,000 supported by the Electric Utility.
City Council -
City Council approved the 2026 borrowing-parameters resolution on an 8-1 vote.
City Council -
The 2026 borrowing plan included $255,000 for the Neshotah Beach concessions project.
City Council -
A City Council agenda included a proposed $496,676, zero-interest loan from WPPI Energy for utility projects including electric meters, water plant security upgrades, and generator repairs.
City Council -
A Hamilton Property visioning meeting agenda included an overview of public funding options tied to redevelopment and related improvements.
Hamilton Property Community Visioning Process Phase 4 -
City Council approved an intent resolution allowing the city to pay eligible early costs and later reimburse itself through state Clean Water and Safe Drinking Water financing for 2027 sewer rehabilitation and water-service replacement work.
City Council Work Session -
City Council approved the 2027 sewer and water-service reimbursement-intent resolution on an 8-0 vote.
City Council Work Session -
The 2027 plan described about 11,600 feet of 90- to 100-year-old sanitary sewer mains and 500 individual service connections, including an effort to replace lead service laterals.
City Council Work Session -
The 2027 reimbursement-intent resolution described anticipated state financing of up to $11.5 million and was required by the Wisconsin DNR before June 30, 2026.
City Council Work Session -
The Personnel and Finance Committee is scheduled to review the proposed 2027 debt-service budget, which covers payments on past and planned borrowing.
Personnel and Finance Committee