Waupun creates Child Care Revolving Loan Fund, approves program guidelines
Council established a revolving loan fund for child care and authorized transferring reserved general-fund dollars to capitalize it; it also approved program guidelines and an application.
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The Common Council adopted a resolution establishing a Child Care Revolving Loan Fund and authorized the transfer of reserved general-fund dollars for child care to capitalize the fund (motion recorded in the minutes as Seibers [sic], second Matoushek; motion carried 5-0). The action creates a new financing mechanism to support local child-care providers.
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