The Board of Commissioners of Public Lands approved a State Trust Fund Loan totaling $600,000 to the Village of Bloomfield to finance shortfalls in the 2018 budget.
The board approved loans totaling $3.9 million. They include:
- Village of Bloomfield, Walworth County – Finance 2018 budget shortfall, $600,000;
- Town of Freedom, Outagamie County – Finance road and stormwater projects, $370,000;
- Town of Hazel Green, Grant County – Purchase truck, $60,000;
- Village of McFarland, Dane County – Finance tax incremental finance district No. 5 land acquisition, $930,000;
- Mercer School District, Iron County – Finance building and equipment repairs, $139,000;
- Village of Mishicot, Manitowoc County – Finance asbestos abatement and demolition, $37,551;
- Town of Sheboygan, Sheboygan County – Finance roadwork, equipment and town hall repairs, $1.5 million;
- Village of Woodville, St. Croix County – Finance roadwork, $261,000.
The Board of Commissioners of Public Lands operates entirely on program revenue without taxpayer money and distributes more than 96 cents of every dollar of interest earned on State Trust Fund investments to Wisconsin’s public schools. The 2018 earnings of $35.7 million are the sole source of state funding for K‑12 public school library materials.
A list of 2018 library aid received by each public school district is available at bcpl.wisconsin.gov.
