Polk County Publicpurchase #06122026-PolkCtyWIMuniFinancing

Polk County, WI Requests $2,250,000 Municipal Loan for 2026 Capital Projects

Polk County, Wisconsin is seeking proposals from financial institutions for municipal debt financing to support 2026 capital projects. - Buyer: Polk County, WI (County Administrative government, Balsam Lake, WI) - Requested financing: $2,250,000 loan - Ten-year repayment period - County has a Moody’s Aa2 credit rating - Similar financing was previously secured for 2025 capital projects - Solicitation is open to banks and lenders capable of providing municipal loans - No specific OEMs or product vendors are involved, as this is a financial services procurement - Notable requirements: - Ten-year loan term - Strong county credit rating - Use of funds for capital projects in 2026

Description

Polk County, WI is soliciting proposals for debt financing in the amount of $2,250,000 to support the completion of capital projects in 2026. The County intends to secure a bank loan with a repayment period of ten years to support current-year capital projects. Polk County has a credit rating of Aa2 from Moody's and previously bonded for $2,250,000 to support 2025 capital projects. The financing is to support 2026 capital projects in Polk County, located in Balsam Lake, WI.

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