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Walworth board approves interim loans for lead line replacements and 2026 capital needs
Summary
The board approved multiple State Trust Fund loans and resolutions to finance lead service line replacements ($950,000) and 2026 capital items ($228,212), plus water-system repairs and PFAS testing; all measures passed by unanimous roll-call votes.
At its May 11, 2026 meeting, the Village of Walworth Board approved several financing resolutions to support water infrastructure and capital purchases.
The board passed Resolution 2026-2 to authorize $950,000 in interim State Trust Fund financing (2 years at 5.25%) for private and public lead service line replacements. Trustees approved the measure by roll-call vote, 7–0.
The board also adopted Resolution 2026-3 to finance $228,212 in 2026 general fund capital budget items over five years at an interest rate of 5.50%. The capital items listed in the minutes included a new police squad ($78,000), road work on Randolph and Plafield ($80,000), a Village Hall roof replacement ($31,000) and a street sweeper attachment ($39,212). The roll-call vote was unanimous (7–0).
Two additional water-related financing measures were approved: Resolution 2026-4 for public water system valve repairs ($80,000; 2 years @ 5.25%) and Resolution 2026-5 for PFAS pilot testing ($80,000; 2 years @ 5.25%). Both passed by unanimous roll-call votes.
The board also approved a preliminary resolution (2026-7) declaring intent to exercise special charge powers under Wisconsin Statute 66.0637 for private water service improvements tied to the 2026 Lead and Galvanized Water Service Replacement Project and scheduled a public hearing for June 8, 2026 at 6:00 p.m.
Board members said the financing is intended to accelerate replacement of hazardous service lines and address capital needs while spreading costs over short-term loans. The resolutions passed unanimously, with roll-call tallies recorded in the minutes.
