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Fort Atkinson council closes two TIDs and hires consultants to study three new districts
Summary
The City Council voted to terminate Tax Increment Districts 6 and 7 and approved separate consulting agreements with Robert W. Baird Co. to explore creating TIDs 11–13 and to amend TID 9; staff said the moves return increment to the tax roll and support downtown redevelopment.
Manager Houseman told the City Council the city is ready to close two long-running tax-increment districts and start work to establish new ones to support redevelopment. "I'm very pleased tonight to recommend that the council terminate TID6," Houseman said, noting project obligations were paid and that closing the TID will return assessed value to the general tax roll.
The council adopted a resolution terminating Tax Increment District No. 6; staff estimated the city's share of additional tax revenue after closure at about $51,653.14 in 2027. Houseman also recommended terminating TID 7, a downtown blight-elimination district that had been donating increment to TID 6; he said closing TID 7 would put more value back on the general tax base and estimated a city impact of about $148,377.78 in 2027.
Separately, the council approved a series of consulting agreements with Robert W. Baird Co. to begin the formal public process to create and, in one case, amend tax-increment districts. The agreements will fund the work to prepare project plans, economic feasibility studies, pro formas and required Department of Revenue reporting. The fees the council approved on separate motions were $12,500 to study creation of a proposed TID 11 and $9,500 each to study creation of proposed TIDs 12 and 13 and to amend TID 9. Houseman said those studies will be publicly noticed and reviewed by the Plan Commission, the joint review board and the council.
Houseman described options for the downtown area, including creating two separate blight-elimination TIDs (a north-side TID 12 and a south-side TID 13) so each district could have tailored goals and project lists. He told the council the Department of Revenue requires paperwork for the recently closed TIDs to be filed by April 15, 2026.
Each consulting agreement was approved by separate motions; council members expressed support for using an experienced financial advisor for the public process. The actions start a multi-step, public process: creation or amendment of a TID requires plan preparation, joint-review-board meetings and formal council action before a district would be formalized.
