Listen Live



Daily E-lert


Kewaunee refinancing pays off

The city of Kewaunee updated the public with positive long-term financial news on Tuesday. In a press release from the city they shared that the common council has worked for several months on refinancing older debts, which is projected to result in saving over $200,000. The release cited loans taken out in 2018 for repairing water, sewer, and stormwater mains on Miller Street and Highway 42 as well as the Marquette School demolition. They also pointed out a later loan in 2019 for rehabilitating River Road. The city issued $1,515,000 in General Obligation Refunding Bonds, combining the separate loans and providing a reduced 2.12% interest rate. The final saving over the life of the bonds is reported to be $206,149. City of Kewaunee Mayor Jason Jelinek said in a release that the Common Council and himself are scrutinizing the use of your hard-earned tax dollars to save every nickel that they can. 


Search Our Site


Current Weather



Do you agree with the Federal Reserve increasing the Prime Rate by a quarter point again?
Add a Comment
(Fields are Optional)

Your email address is never published.

Sports Poll


Click Here for more Obituaries

Obituary posting fee is $25


Sign up for our Daily Electronic Newspaper!

Plus, Get the latest updates for Local Sports, Obituaries and more delivered to your inbox!