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CDFA Wisconsin Financing Roundtable Newsletter - May 2016

CDFA Wisconsin Financing Roundtable Newsletter - May 2016
May 11, 2016
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CDFA Wisconsin Financing Roundtable Newsletter

Feature

State Tax Incentives Take Center Stage in Downtown Renovations
Together, state and federal tax credits will total about $1.8 million for the Gray Goose project in Janesville. City tax increment financing loans for the project totals $500,000, according to city records.

Madison Regional Economic Partnership Americas Competitiveness Exchange Contributor
The Madison Region was a primary host of ACE III's visit to the Midwest. This successful event and the accompanying Madison program is shared as a best practice because of its strong partnerships, key sites visited, sectors featured, and stellar programming.

Verona, WI to Get Windfall From Epic TIF District
Verona's city council voted to close the Epic Systems TIF district, paving the way for the city to collect taxes from the health software company. The district was created in 2002 as an incentive to lure Epic into Verona. The city spent over $31 million in infrastructure improvements and incentives.

Milwaukee Tool Breaks Ground on HQ Expansion with Nearly 600 Jobs
Milwaukee Tool has been certified under the WEDC Enterprise Zone Program to earn up to $18 million in state income tax credits over a period of six years based on retention and creation of full-time employment positions and significant capital investment for both their Brookfield and Mukwonago facilities.

Utilities Aim to Cut WI Program for Energy Efficiency
A utility-backed bill to cut funding for Wisconsin's energy-efficiency program is short-sighted and would hurt customers in the long run, the program's supporters contend. The bill would cut funding for the Focus on Energy program by $7 million.

Upcoming Events

CDFA Wisconsin Conference
August 30, 2016 - Milwaukee
Join the CDFA Wisconsin Financing Roundtable for the second annual conference. This event will feature a number of economic development finance experts from around the state discussing development finance tools, authorities, resources and approaches, and how these can affect the Wisconsin economy going forward.

Wisconsin News

Downtown Eau Claire's TIF Factor: City Aims to Set a Clear Policy
Leader-Telegram | May. 6 | Tax Increment Finance (TIF)

Tax Exemption, Conduit Change Sought for American Dream Bonds
The Bond Buyer | May. 3 | Bond Finance | Member News

Three Northern Wisconsin Communities Receive State Brownfields Awards
Wisconsin Dept. of Natural Resources | Apr. 28 | Brownfield Financing | State Finance Program

March 2016 Tax Credits & Incentives Update
Lexology | Apr. 21 | Incentives | Legislative | State Finance Program | Tax Credits

Milwaukee Endorses Subsidy for Germania, Rezoning for Sam's Club
Milwaukee Business Journal | Apr. 14 | Historic Preservation | Local Finance Program | Tax Increment Finance (TIF)


Sponsor

Conference Founding Sponsor

WCA Services Inc. (WCASI) Whyte Hirschboeck Dudek S.C.

Conference Premium Sponsor

Baker Tilly Virchow Krause Wisconsin Health and Educational Faciltities Authority

Conference Supporting Sponsor

BMO Harris Bank Impact Seven

For information about sponsoring the Wisconsin Financing Roundtable, review the sponsor prospectus and complete our sponsorship agreement or contact CDFA.

New Members

Baker Tilly Virchow Krause, LLP - Madison, WI


The Council of Development Finance Agencies is a national association dedicated to the advancement of development finance concerns and interests. CDFA is comprised of the nation's leading and most knowledgeable members of the development finance community representing public, private and non-profit entities alike. For more information about CDFA, visit www.cdfa.net or e-mail info@cdfa.net.


Council of Development Finance Agencies
100 E. Broad Street, Suite 1200
Columbus, OH 43215
(614) 705-1300
info@cdfa.net


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CDFA National Sponsors

  • Alliant Insurance Services, Inc.
  • BNY Mellon
  • Bricker Graydon LLP
  • Business Oregon
  • CohnReznick
  • Frost Brown Todd LLP
  • Grow America | Formerly NDC
  • Hawes Hill and Associates LLP
  • Hawkins Delafield & Wood LLP
  • Ice Miller LLP
  • KeyBanc Capital Markets
  • Kutak Rock LLP
  • McGuireWoods
  • MuniCap, Inc.
  • NW Financial Group, LLC
  • PGAV Planners, LLC
  • Raza Development Fund
  • SB Friedman Development Advisors
  • Stifel Nicolaus
  • U.S. Bank
  • Wells Fargo Securities
  • Z. The Bond Buyer
Become a Sponsor