The Village of Lake Delton is aggressively working to procure additional money for the municipality by a wide ranging elevation of residential property tax values. This despite the Wisconsin Dells area's collection of premier resort sales tax and over night lodging room tax at the highest levels in the State of Wisconsin.
The State of Wisconsin has approved an extension for the City of Wisconsin Dells and the Village of Lake Delton on the chronic use of tax incremental districts. This enables the continuation of local targeted economic subsidies. This means the City of Wisconsin Dells and the Village of Lake Delton can continue to divert public money collected for the needs of the residents and give it to special selected private business operators in the area.
The Village of Lake Delton has given millions of dollars of publicly collected money to families who operate private business modals in the Wisconsin Dells area. The value of private business modals serving the tourism industry seems to expire much more rapidly today. Visiting tourists stop populating the Wisconsin Dells area tourism business modals much quicker than was occurring 20 years ago.
This means customer numbers on newly incentivized business modals drops at such a rapid rate - the municipality has the ongoing need to repeatedly deliver public money to the receiving operation. This ongoing need to repeatedly deliver publicly collected money to the private business operators drains the municipality revenue needed to balance the budgets for essential community services and pushes greater expense upon the residential property owners.
This simply means the Village of Lake Delton's creative use of incentive programs for local business modals comes at a cost of higher property taxes for residents.
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