ERICA DYNES Capital Newspapers
City of Wisconsin Dells officials have learned that federal COVID-19 funds from the US bailout can be used to make up some of the shortfall in resort tax money lost in last year’s closures.
Based on the advice she received from the League of Wisconsin Municipalities, Administrative Coordinator / Finance Director Karen Terry shared with the city’s finance committee on May 17 the possible uses of federal funds. Last year’s COVID-19 closures slowed the region’s $ 1.6 billion tourism industry. The article can be categorized as replacing the lost public sector revenue, Terry said.
American Rescue Plan money can be used for seven categories in total, including replacing lost public sector income, supporting the public health response, serving hard-hit communities / families, paying bonuses for essential workers, investing in water and sewer infrastructure and investing in broadband, according to Terry and the League of Municipalities.