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Advisors present Village of Jackson’s $7–8M preliminary borrowing plan for 2026
Summary
Municipal advisors presented a 2026 capital improvement financing plan calling for roughly $3 million in general obligation notes, about $3–3.7 million in revenue bonds for water/sewer, and approximately $1.5 million from grants and cash; advisors showed estimated issuance costs, a sample $12 levy impact on a $365,000 home and recommended further refinement at two follow-up meetings.
Village municipal advisors presented the village’s preliminary 2026 financing plan at the Feb. 10 meeting, outlining proposed borrowing for the capital improvement program and the next steps before a final sale.
The advisor described a financing package that at this stage totals roughly $7–8 million split among general obligation notes (about $3,000,000), revenue bonds for water and sewer projects (roughly $3,000,000–$3,700,000…
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