Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Baird presents 2025 financial management plan highlighting bond rating, debt capacity and TID options
Summary
Financial advisors from Baird presented a draft 2025 Financial Management Plan that summarized the city's debt profile, Standard & Poor's A- rating, recommended general-fund balance targets, long-term capital planning and options for tax-increment financing (TIF) districts including one-year extensions to create affordable-housing funds.
Financial-advisory firm Baird presented the draft 2025 Financial Management Plan to the Waupaca Common Council on Sept. 16, summarizing the city's debt profile, credit factors, long-range capital needs and options for managing tax-increment financing districts.
Adam Richel and Justin Fisher (Baird) told the council the city currently holds a Standard & Poor's rating of A-minus (double A minus referenced in the presentation) and that the plan is a living document to be updated annually. The plan lays out municipal debt types and limits, describes how rating agencies weigh factors (debt and pension liabilities, economic base,…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
