Government/Politics

The Milwaukee Bucks recently unveiled their new $1 billion plan to build a sports entertainment district with a catchy hashtag campaign and flashy photos of the potential arena. However, one crucial aspect was missing from the unveiling: who is going to be contributing the money for this complex?
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Senate Majority Leader Scott Fitzgerald (R-Juneau) says state and local officials could quickly work out the framework for a deal to cover public financing to help build a new downtown arena for the Milwaukee Bucks.
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The Wisconsin Department of Financial Institutions could be combined with the Office of Credit Unions and the Department of Safety and Professional Services under a proposal in Senate Bill 119.
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BizTimes Media LLC today published the 2015 edition of WisconsinBiz, the annual publication that promotes Wisconsin as a place to grow or move a business.
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Leaders from the City of Milwaukee will share a bicycle-powered stage with leaders from Milwaukee-based nonprofit Rock the Green on Wednesday to tout the city’s green progress and celebrate Earth Day.
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Veolia, The Water Council and the Wisconsin Economic Development Corporation have reached an agreement to launch a national competition to support entrepreneurship and economic development while fostering sustainability efforts in the field of water in Milwaukee.
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Even if the legislature decides against public financing to build a new arena in downtown, Milwaukee, the taxpayers will be on the hook for repairs, maintenance and debt service costs for the Bradley Center.
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Having closely watched the debate over how to fund a new arena for the Milwaukee Bucks, it appears there is a real risk that this franchise will leave Milwaukee. It appears that the state legislature has balked at Gov. Scott Walker's original $220 million funding proposal. It appears they are focused on approving a funding package of $150 million. This leaves a funding gap of at least $100 million ($500 million in projected cost, less $250 million in private capital and $150 million in state financing). State legislative leaders have suggested that the city and county come up with this $100 million or what could be an even bigger share if the actual costs of construction run over $500 million.
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A bipartisan legislative panel discussion on the issues of the day, including the options for public financing for a new arena in downtown Milwaukee, will take place at a breakfast this Friday.
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As Near West Side Partners, Inc. reimagines the future of Milwaukee’s Near West Side, the organization and its five pillar institutions have announced a $1 million initiative designed to tout the area’s assets while curbing crime.
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