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Winnebago County approves $28 million promissory note after sale yields 3.15% interest rate

Winnebago County Board of Supervisors · November 19, 2025
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Summary

The county moved ahead with a $28 million general obligation promissory note; financial adviser Baird reported a final rate of 3.15% and Moody's affirmed a Aa1 rating. The board carried the resolution after a brief presentation.

Winnebago County approved a $28,000,000 general obligation promissory note to pay 2025 and 2026 capital-improvement costs after hearing a sale report from municipal-finance adviser Baird.

Justin Fisher of Baird told the board the sale resulted in a final interest…

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