World Famous Wisconsin Dells Area Extends TID's

The State of Wisconsin recently extended tax incremental district 3 for the Village of Lake Delton until the year 2042.  The State also extended tax incremental district 4 for the Village of Lake Delton until the year 2044.  Recall the Wisconsin Dells TID has been extended to the year 2045 by the State of Wisconsin.

The TID's effect all Wisconsin Dells over lapping taxing entities.  The Tax Incremental Districts defer adding the value of any new development to the property tax base until the project funding is paid.  The need to extend the TID's indicate the development did not perform financially as the speculative calculations indicated at the origin.

TID funded projects by design enable the Village of Lake Delton and the City of Wisconsin Dells to raise property taxes upon the residential land surrounding the proposed site of development.  This leaves local residents struggling to pay higher amounts of annual property taxes - with no real change in expected service.

The Wisconsin Dells area being a small summer resort community experiences very minimal elevations in local wages.   The work is seasonal and the wages paid depend upon tourist visitation.  The Wisconsin Dells area lacks the resident population able to fill the jobs created within the project developments - this requires the community to fund new housing to attract more than 4500 work experience travelers who come from outside of the Country through the J1VISA Immigration Programming to temporarily live in Wisconsin Dells and support the tourism efforts.

The high cost adds to the difficulty required to attract the increased number ( more than 4500) of work experience travelers who come from outside of the Country -needed to staff the larger resort style delivery of service.  The lack of staff who are not in Wisconsin Dells on a 90 day visa delivers a measurable dip in the level of service traveling consumers once expected of the Wisconsin Dells area.  This contributes to a much lower number of annual tourist visitors - and a much higher than normal business lease failure rate across the Wisconsin Dells area.