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Committee approves 2025 budget change to fund street work from Tax Increment District 3

2566605 · March 12, 2025
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

The Finance Committee approved reallocating or increasing 2025 funding through Tax Increment District 3 to cover higher‑than‑expected bids on several street improvement projects, and to fund water and sewer work on Fulton Street that was not originally proposed for TID funding.

The Wausau Finance Committee voted March 11 to approve changes to the 2025 budget of purpose to support street improvement projects from Tax Increment District 3 after engineering staff reported bid‑to‑estimate variances.

Engineering staff explained the city breaks project costs into water, wastewater, stormwater and road components. Some…

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