Town gets fire truck loan

The Board of Commissioners of Public Lands (BCPL) approved a State Trust Fund Loan totaling $150,000 to the town of Plymouth to purchase a fire truck.

The board approved loans totaling $3,951,174.68 at their most recent meeting.

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 are the sole source of state funding for K-12 public school library materials.

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.


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