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Jobs and the EconomyIt has been very inspiring to see the development boom that is taking place across our region. Areas like the Harbor District are seeing a huge influx of jobs and economic growth, thanks in no small part to projects revitalizing our harbor and rivers.
I also keep a close eye on oversold projects like Foxconn, and was very happy to see the tax credits that they will be receiving from the state have been right-sized through negotiations with Governor Evers and the WEDC Board. We are no longer going to be paying $219,000 per job. Other provisions of the original deal will require legislative action to address, such as Foxconn's environmental permitting exemption, water diversion from Lake Michigan, and special legal status. I am working to end these special provisions, and bring Foxconn in line with other businesses operating in our state. Finally, I continue to monitor the state of city and county revenue. I am keeping an eye on the economic report from Wisconsin Policy forum and Center for Research on the Wisconsin Economy, so I can understand various proposals and potential solutions to issues related to revenue and taxation to help our region grow while making wise use of taxpayer dollars. |