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County accepts loan bid for several projects

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St. Croix County will pay 1.849 percent interest on $10 million it is borrowing for improvements to various county facilities and to buy equipment and software for the emergency communications center.

Joe Murray of Springsted Inc. estimated that in 2015 county taxpayers will see a jump of about $3 per $100,000 of property value as the county begins to repay the debt. The promissory notes will be paid off over 10 years.

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Judy Wiff
Judy Wiff has been regional editor for RiverTown’s Wisconsin newspapers since 1996. She holds a bachelor’s degree in journalism and sociology from UW-River Falls. She has worked as a reporter for several weekly newspapers in Wisconsin.
(715) 426-1049
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