A Fond du Lac Repulican lawmaker is circulating a
bipartisan bill designed to aid struggling cities.
State Senator Rick Gudex along with Oshkosh state representatives, Republican Michael Schraa and Democrat
Gordon Hintz are authoring a bill that would allow a municipality to
re-assess a tax incremental district. Gudex says
the measure would effectively bring the assessed value lower and in line with the actual current value. Gudex says the bill will give municipalities a second chance
to make their TIDs work. About 100 TIDs around Wisconsin currently face some level of
decrement. Gudex says there are only a threein the 53rd Senate
District including the village of North Fond du lac. Gudex says it’s a good bipartisan bill that stimulates
economic development.
No comments:
Post a Comment
Note: Only a member of this blog may post a comment.