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Committee approves 2025 budget change to fund TID 3 street improvements including Fulton Street
Summary
The committee approved a budget change of purpose to fund 2025 street improvement projects from Tax Increment District 3 (TID 3). Fulton Street will require additional TID funding to cover higher-than-estimated road and stormwater costs; some projects had lower bids than estimates.
The Wausau Finance Committee on March 11 approved a 2025 budget change of purpose to shift funding for certain street improvement projects to Tax Increment District 3 (TID 3).
Engineering staff explained the change and the supporting spreadsheet prepared by the engineering division. Projects are tabulated by component — water, wastewater, stormwater…
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