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Wausau finance director pitches TIF district to fund street repairs
Original: Wausau finance director pitches TIF district to pay for street work
Wausau's finance director has proposed creating a tax incremental financing district to cover the cost of street work in the city. The plan would use future tax revenue from development within the district to pay for road improvements now. The proposal signals the city is looking for alternative funding routes as street maintenance costs mount, though further details on the district's boundaries and cost estimates were not provided.
Why now: Local residents are watching how the city plans to finance overdue street repairs.
WausauWausau finance directortax incremental financing district
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- Wausau finance director pitches TIF district to pay for street work · Wausau Pilot & Review
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