Dodge County Board Refinances Bonds

5/17/17 – The Dodge County Board last night approved bonding for up to $9.5-million dollars to refinance old debt. The borrowing stemmed from a review done by financial advisor Ehlers Incorporated to determine if there were opportunities for interest savings. County Administrator James Mielke says that refinancing will financially benefit Dodge County with an interest savings of nearly $700-thousand dollars. He says the bond sale will take place June 20 and the results will be brought before the county board on that day to have them decide on accepting the sale or to take some other type of action. Mielke says the original $16.3-million bond from 2011 went towards updating the Juneau highway facilities which included the expansion of the maintenance shop in Juneau and construction of the vehicle storage building.