Sunday, March 17, 2019

Wisconsin Dells Convention Hosting Stage II Percent J1VISA Wage

The Village of Lake Delton has given the Kalahari Resort 10 million publicly collected dollars to build a convention center ( 212 thousand square feet) capable of serving large regional - national groups.  The Village of Lake Delton is providing financial incentives to property owners who build housing for temporary work staff on their land.

Adding a building to the plot of land provides the Village of Lake Delton assessors with property improvements that increase the annual tax and fees for the owner.  The buildings will house temporary workers coming in to the Village of Lake Delton through the J1VISA Program.  The wage the J1VISA worker is paid by a local employer delivers the pay source for the property owner.

It will be beneficial to calculate what percentage of the individual J1VISA Program workers wage (rent) needs to be contributed to the increased property tax and fees created with the building ( taxable improvements) of housing of temporary work staff on the land in the Village of Lake Delton.  This is looking at the long term sustainability of the process - calculating the percentages of the J1VISA Program workers wage that is being distributed within the local economy.

Accurate calculations of the percentage of the J1VISA Program Workers wage that must be applied to the cost of constructing and maintaining the new buildings is an essential piece of presenting the financial integrity of the process to all the partners participating in the effort.  These calculations represent the value and over all quality to the community.

The Wisconsin Dells area has entered stage II of the convention hosting industry.  Expect ongoing information pertaining to the sustainability of this effort to be published for community consumption.

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