CHICAGO — Wisconsin will competitively sell $800 million of one-year operating notes tomorrow and is gearing up to issue about $200 million of new-money transportation revenue bonds next month, while a planned general obligation refunding remains on hold.

The notes do not carry a GO pledge, but all general fund revenues not used for debt service on outstanding GOs are pledged to repayment. “The notes cover the ups and downs of cash flow over the year,” said capital finance director Frank Hoadley.

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