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Dodge County committee hears highway financing options and advisor recommends hybrid approach
Summary
County staff and financial advisors outlined three financing models for highway and related capital projects, showing a tax‑rate range roughly between $0.23 and $0.33 per $1,000 for road debt alone; advisors recommended a hybrid model as a moderate, politically palatable option.
County staff and their financial adviser presented three options for financing a multi‑year highway capital improvement program and related tower and facility projects, with a recommendation for a middle‑path “hybrid” approach.
The presentation described three trajectories: an unconstrained program, a proactive program and a hybrid. The unconstrained model would fund a large, continuing reconstruction program and was modeled as about $53 million of debt for roads in the planning window; staff said that approach would average roughly $0.23 per $1,000 in levy impact for road debt. The proactive model, which accelerates reconstruction and adds a larger maintenance program, was modeled at about $80.7 million and an average levy impact near $0.33 per $1,000. The hybrid option modeled about $67 million and an…
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