12/03/2019
Wisconsin Dells New High School Chronic Local Biz Subsidies Impoverish Area
The City of Wisconsin Dells and the Village of Lake Delton have received an extension from the State of Wisconsin on their (TID) Tax Incremental Districts. This will enable the continuation of local targeted economic development subsidies. This means the City of Wisconsin Dells and the Village of Lake Delton divert public money collected for the needs of the residents and give it to special selected private business operators in the area.
The net effect of targeted economic development subsidies in the Wisconsin Dells area has been negative. This is important for families who would consider the idea of moving into the Wisconsin Dells area with the building of the new high school facility. Many of the local incentivized business modals under perform because they have been talked into locating in a less than ideal setting.
The construction of new incentivized buildings comes at a cost of higher taxes for residents and a reduction in public services - which has discouraged economic activity in other parts of the local Wisconsin Dells economy. The Wisconsin Dells area lacks the population to staff these large incentivized business modals requiring the residents to contribute to the building of new housing for staff to come from outside of the Country through the J1VISA Immigration Programming and temporarily live in the area to support the local tourism efforts.
The City of Wisconsin Dells carries such a high municipal debt load - business operators asking for financial subsidies must accept the conveyance of public land instead of the past generous giving of sums of money. Municipal budgets are tight and public services are being spread thinly providing more evidence the chronic giving of municipal incentives to private business operators have not worked as expected and are further depressing Wisconsin Dells area economic activity.
Families considering a move in to the Wisconsin Dells area for the new high school building are being encouraged to be mindful of the added expense and diminished quality of community services being persistently imposed by the local administration's ongoing diversion of public resources as a subsidy - financial aid, to private business operators.
