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Building Commission authorizes up to $553.63 million in general obligation debt

State Building Commission · December 17, 2025
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Summary

On Dec. 17, 2025, the State Building Commission unanimously approved Resolution 8 authorizing the sale and issuance of up to $553,630,000 in general obligation bonds to fund statewide construction, improvements, grants and land acquisition.

The State Building Commission on Dec. 17 unanimously approved "2025 State of Wisconsin Building Commission Resolution 8," authorizing the sale and issuance of general obligation bonds in an amount not to exceed $553,630,000 to fund construction and improvements of facilities, grants and land acquisition statewide. Barb Worcester moved to approve the resolution; Senator Mary Felzkowski seconded and the motion carried, recorded as 8-0-0.

The resolution allows the bonds to be issued in fixed-rate or variable-rate form. According to the motion record, proceeds may be used for construction projects, grant programs and acquisition of land for statewide purposes; the resolution text was identified in the meeting as "Resolution 8." The Commission did not discuss project-level allocations during the vote.

The vote follows the Commission's role in authorizing debt issuance to support capital projects across state agencies. No roll-call votes by individual member were recorded in the public minutes; the meeting record lists the approval tally only. Next steps include the administrative steps necessary to sell the bonds and apply proceeds as enumerated in the resolution.