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Council adopts budget change to fund 2025 street improvements in Tax Increment District 3
Summary
The Common Council approved a finance resolution to modify the 2025 budget to fund 2025 street improvement projects in Tax Increment District 3, passing 10-0.
The Wausau Common Council unanimously approved a finance resolution Tuesday to adopt a 2025 budget modification to fund 2025 street improvement projects in Tax Increment District 3.
The resolution, file number 24-1109c, was recommended by the finance committee (5-0). Alder Rasmussen moved the resolution and Alder Larson seconded; the council vote was 10-0.
The resolution updates the city's 2025 budget to re-purpose or allocate funds for street work in TID 3. The specific dollar amount for the modification was not specified during the council discussion on the record.
The measure clears the way for planned 2025 street projects in the district to proceed under the revised budget authorization and directs city departments to implement the approved changes.
