A plan to move excess funds from one special redevelopment district that is doing well to two others that are not yet self-sustaining rather will be considered by the West Allis Administration and Finance Committee at a special meeting Monday.
The committee decided Tuesday that the matter requires more time for debate than was available at the recess portion of Tuesday's Common Council meeting.
The committee will try to decide which scenario benefits taxpayers the most: using the excess dollars from the successful Quad Graphics tax incremental financing district to keep two less successful TIF districts out of financial trouble, or divided the money among the schools, MATC, Milwaukee County and the Milwaukee Metropolitan Sewerage District to help them keep their levies down. Either way, taxpayers would not get tax relief directly.
The committee will make a recommendation to the full council, which would then make the final decision. The next council meeting is Feb. 19.
Your link to the biggest stories in the suburbs delivered Thursday mornings.
Enter your e-mail address above and click "Sign Up Now!" to begin receiving your e-mail newsletter Get the Newsletter!
- Police Notes: June 18
- News & Notes: June 18
- West Allis man finds the right prescription for life
- West Allis health commissioner honored for her healthy approach
- Feds clear Chinese investment in long-sought West Allis hotel
- Police Report: June 18
- News & Notes: June 13
- Proposed apartments gain ground in West Allis debate
- West Allis homes take a hit in market value
- Cruising may take a bruising on Highway 100 in West Allis