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Kenosha County committee clears initial resolution to issue up to $13.5 million in GO notes for 2026 capital projects
Summary
The Kenosha County Finance Committee approved an initial resolution authorizing the issuance of general-obligation promissory notes not to exceed approximately $13,505,000 to fund 2026 capital projects.
The Kenosha County Finance Committee approved an initial resolution authorizing the issuance of general-obligation promissory notes not to exceed approximately $13,505,000 to fund budgeted capital projects for 2026.
Greg Johnson Miller, a staff presenter, walked the committee through a multi-year financing plan that allocates a 2026 project list across existing borrowing resolutions and the new initial resolution. "All of these, all the debt service, principal and interest for the 2026 notes will be paid by the property tax levy," Miller said, noting the plan uses remaining capacity under prior resolutions where available and adds a single new initial resolution for items that cannot be funded…
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