Long-Term Financing
KACoFC

KACo has created a new funding program that saves you money while providing a great service to your community.  KACo Finance Corporation (KACoFC) is a new bond pool program designed to help counties and local governments receive a higher Standard & Poor's Bond Rating than most counties and local governments could achieve on their own. 

Savings through the KACoFC program are achieved in several ways. Due to the number of borrowers going to market at one time, via the KACoFC bond pool, KACoFC is able to control the cost of issuance, making it possible for many small borrowers to participate in the same way as large borrowers.

KACo's insurance programs and the KACo County Leasing Trust are jointly funding the KACoFC debt service reserve to help achieve the highest rating possible for you and eliminating the need to borrow additional funds to cover this necessary cost of issuance. 

Eligible projects include:

• Construction/renovation
• Land/property acquisition
• Equipment
• Road Repair
• Storm Repair

 

 Some of the benefits of the Program are:

• No cross liability among borrowers
• Offers terms from 1 to 30 years
• A low fixed rate without utilizing a SWAP Agreement

 

Not only can you achieve a low fixed rate, the application process is quick and easy.  Simply fill out our three page application, attach your last three annual audits, mail it in and let KACo do the rest.

At KACo, our mission is to help your local government do the things you want to do in the most cost-effective and convenient manner possible.  Whether you want to utilize KACo's traditional variable rate leasing program or the new fixed rate KACoFC bond pool program to finance your next project or purchase, KACo is here to help.

Contact Information

Grant Satterly	Director Financial Services	502-234-5020
Sue Blakeman	Assistant Director Financial Services	502-234-5022
Lonnie Campbell	Assistant Director Financial Services	502-234-5024
Kelly Mittler	Leasing Officer	502-234-5028
BJ White	Accounts Receivable Officer	502-234-5026

 

Application

 

Application