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Wausau finance committee approves lead-service transfer, parking-lot work and housing grants; economic development committee moves to closed session
Summary
The City of Wausau Finance Committee voted July 22 to approve several budget modifications and grant acceptances and then joined the Economic Development Committee, which voted to go into closed session to discuss potential property purchases.
The City of Wausau Finance Committee voted July 22 to approve several budget modifications and grant acceptances and then joined the Economic Development Committee, which voted to go into closed session to discuss potential property purchases.
On a finance-item vote, the committee approved a resolution transferring $150,000 from the general fund to the capital projects fund to cover a shortfall tied to 2024 lead service line replacements. Mary Anne (staff member) said negotiations with the state left some homeowner-side costs ineligible for Safe Drinking Water loan or grant funding, requiring use of general-fund reserves for the one-time shortfall. Alder Henke moved the budget transfer; Alder Kisselman seconded. The motion carried by voice vote.
The committee also approved a TID 3-funded budget modification to construct two…
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