Published by admin on Tue, 03/14/2023 - 10:43am
The Shawano Common Council approved a financing plan March 8 that would permit the city to borrow $4.6 million for capital improvement projects and tax increment finance districts.
Of that, $4 million will go into capital improvement projects for the 2023 and 2024. The city would borrow $400,000 for TIF District 6, and the rest would be borrowed for TIF District 8. Both districts are being funded for infrastructure projects.