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Wauconda authorizes up to $6.6 million in bonds for water and sewer repairs
Village Board of Wauconda · January 21, 2026
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Summary
Trustees authorized waterworks and sewerage revenue bonds (or alternative general obligation bonds) not to exceed $6.6 million to fund lift station repairs and to support a future wastewater treatment plant rehabilitation. Staff projected a near‑term 9.5% water/sewer rate increase with lower increases in later years.
The village approved an ordinance authorizing the issuance of waterworks and sewerage revenue bonds, or in lieu thereof general obligation bonds, in an aggregate principal amount not to exceed $6,600,000 to pay the costs of improving the village’s waterworks and…
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