Contact: Jonathan Barry, (608) 266-8369
MADISON – The Board of Commissioners of Public Lands (BCPL) today approved nearly $27.7 million in State Trust Fund Loans to support fifteen community projects in Wisconsin.
The BCPL approved the following loans:
- City of Beaver Dam, Dodge County / Finance TID development incentive / $1,000,000
- Village of Bloomfield, Walworth County / Refinance BCPL loan #2015068.02 / $68,493.30
- Village of Bloomfield, Walworth County / Refinance BCPL loan #2016113.01 /$38,769.27
- Village of Bloomfield, Walworth County / Refinance BCPL loan #2017074.01 / $540,000
- Village of Bloomfield, Walworth County / Refinance BCPL loan #2017102.01 / $200,000
- Village of Bloomfield, Walworth County / Finance 2017 budget shortfall / $635,000
- Village of Bloomfield, Walworth County / Finance 2017 capital budget / $260,000
- Town of Dunkirk, Dane County / Purchase patrol truck, road equipment, and finance road repairs / $200,000
- Kenosha Unified School District, Kenosha County / Finance energy efficiency projects / $16,355,000
- Town of Longwood, Clark County / Purchase road grader / $152,000
- Town of Martell, Pierce County / Construct municipal shop building / $450,000
- Town of Onalaska, la Crosse County / Purchase refuse and recycle carts / $220,000
- City of Owen, Clark County / Finance TID #4 projects / $680,000
- Town of Plum Lake, Vilas County / Purchase ambulance / $150,000
- Racine School District, Racine County / Purchase and remodel building / $6,750,000
The BCPL operates entirely on program revenue, without taxpayer money, and distributes more than 96 cents of every dollar of interest earned on BCPL State Trust Fund investments to Wisconsin’s public schools. The 2017 earnings of $32.1 million provide the sole source of state funding for K‑12 public school library materials.
A list of 2017 library aid received by each public school district is available at: (http://bcpl.wisconsin.gov/docview.asp?docid=28101&locid=145).
Established in 1848 by the State Constitution, the BCPL consists of the Secretary of State Doug La Follette, State Treasurer Matt Adamczyk, and Attorney General Brad Schimel. The BCPL manages the Common School Fund, which was created in Article X of Wisconsin’s Constitution, as a permanent endowment to benefit public education.
To learn more about the agency, visit http://bcpl.wisconsin.gov.