Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Onalaska board narrows 2026 capital plan; staff to pursue mortgage-revenue bond for clustered utility projects
Summary
After presentations and department priorities, the Board of Public Works and Utilities approved a set of 2026 capital items and signaled staff to prepare a mortgage-revenue bond covering grouped water, sewer and storm projects spanning 2026—27.
The Onalaska Board of Public Works and Utilities reviewed the 2026 capital improvement program Sept. 2 and approved a series of project priorities while directing staff to advance planning for a mortgage-revenue bond to finance clustered utility projects across 2026 and 2027.
Board members and staff described the bond as a way to move larger utility projects onto rate-based financing rather than general obligation debt when projects are materially utility-driven. Staff said a two-year mortgage-revenue bond would let the utilities pay debt service directly and could lower borrowing costs for large grouped projects.
Key approvals and priorities: the…
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
