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Committee backs resolution opposing elimination of tax‑exempt bonds; forwards to Wisconsin Counties Association
Summary
The executive committee approved a resolution opposing proposals to eliminate tax‑exempt municipal bonds and forwarded it for adoption and sharing with state associations and legislators.
The County Board Executive Committee on May 19 approved a resolution opposing any elimination of tax‑exempt municipal bonds and indicated its intent to forward the measure to the Wisconsin Counties Association and the county’s state legislators.
Why it matters: Tax‑exempt bonds are used by local governments to finance infrastructure and other public projects. Committee members said the resolution was drafted with input from the county’s ARPA grants manager and finance director and referenced materials from the National Association of Counties.
Decision: Committee moved and seconded the resolution and approved it by voice vote. Staff indicated the resolution is intended for timely adoption and distribution to the Wisconsin Counties Association and legislative contacts.
Ending: The resolution will go forward as a county position opposing proposed changes to tax‑exempt bond treatment at the state or federal level.
