The Waunakee Village Board will soon vote on whether or not to extend the lifespan of Tax Increment Financing District (TID)#5 for an additional year at a future meeting.
The property tax increment captured during that time would be contributed to the village’s housing betterment fund.
The would-be move is made possible through the state of Wisconsin’s Affordable Housing TID Extension tool.
The Waunakee Community Development Authority (CDA) voted unanimously, 6-0, on Thursday, Oct. 23 to recommend the extension for village board approval.
If village trustees were to extend the TID, the increment captured for the housing betterment fund would total approximately $700,000, according to Deputy Administrator Lauren Freeman....
...more
Share this article on your social outlets
Our Sponsors
- - Volume: 25 - WEEK: 48 Date: 11/24/2025 2:40:57 PM -