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West Bend council approves 2026 TID budgets, votes to enter closed session on two developer agreements
Summary
Council approved 2026 budgets for multiple tax increment districts — including TID 3 (~$751,000), TID 4 (~$1.6M), TID 5 (~$1M) and TID 9 (~$1.9M) — and later voted to adjourn into closed session under Wis. Stat. 19.85(1)(e) to discuss possible developer agreements for TID 17 and TID 18.
City staff reviewed proposed 2026 budgets for the city’s tax increment financing districts and the council approved the package by voice vote at the Dec. 1 meeting. Staff described anticipated revenues and expenses for each TID in the packet and gave district‑level examples: TID 3 (near the airport) was presented with anticipated revenue/expense of about $751,000; TID 4 (area near Walmart) about…
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