Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
PFM lays out two paths to finance $50M Marathon County highway shop; staff asked to draft hybrid plan
Summary
PFM consultant Kristen Hansen presented county officials with two contrasting approaches to finance a potential $50 million highway shop: issue 20‑year promissory notes for the roughly $20 million gap, or use annual North Central Healthcare revenues over several years; staff were asked to draft detailed hybrid options.
Marathon County officials heard a conceptual financing presentation on Nov. 1 outlining two principal ways to address a projected $20 million funding gap for a proposed $50 million highway shop: issue debt or use recurring revenues from North Central Healthcare.
Administrator Lance Leonard prefaced the discussion as exploratory. "This is just to stimulate some thought, and I wanna allay any overly overexcitement about the prospect," Leonard said, emphasizing that the committee was not being asked to act that day.
Kristen Hansen of financial adviser…
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
