Democrats argued the proposal should be improved to protect taxpayers, workers and the ...
Man killed has a criminal record dating back to 1980, including second degree ...
$200,000 budgeted for camera tech for all officers The police involved killing in La ...
Assembly hopes to vote on Foxconn incentive package just 22 days after deal was ...
Man shot on 8th Street after apparent carjacking A carjacking suspect has been shot ...
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La Crosse F.D. pushing for sprinkler systems, despite state mandate confusion

Friday, 18 August 2017
La Crosse F.D. pushing for sprinkler systems, despite state mandate confusion

Mandates are stricter than state law, therefore unenforceable 

Billings, others express doubt about Foxconn deal, as it passes Assembly

Friday, 18 August 2017
Billings, others express doubt about Foxconn deal, as it passes Assembly

Two Republicans voted against, while three Dems near the plant's proposed site, voted for

Fifteen-cent raise on tap in 2018 for MN minimum wage earners

Thursday, 17 August 2017
Fifteen-cent raise on tap in 2018 for MN minimum wage earners

First inflation adjustment to state minimum.

La Crosse police: Video shows police-involved shooting

Thursday, 17 August 2017
La Crosse police: Video shows police-involved shooting

54-year-old La Crosse man was shot and killed by two officers 

Wednesday - January 28, 2015 11:25 am

BRF Man Hit BY Car Walking Home From Work

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A man walking home from work in the dark was hit by a car in Black River

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Last modified on Monday - May 25, 2015 8:52 am
Wednesday - January 28, 2015 11:23 am

Long Time Polar Plunge Coming

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About 200 people have signed up to jump into the Mississippi, for an annual

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Last modified on Monday - May 25, 2015 8:52 am
Wednesday - January 28, 2015 11:22 am

Davids Reacts to Governor's Budget Proposal

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Governor Mark Dayton's $42 billion plus budget for the next two years was

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Last modified on Monday - May 25, 2015 8:52 am
Wednesday - January 28, 2015 11:20 am

Doyle Has Concerns On UW System Cuts

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State lawmaker Steve Doyle says when he taught classes at UW-L in the late

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Last modified on Monday - May 25, 2015 8:52 am
Wednesday - January 28, 2015 10:46 am

Standoff Report; Officers Showed Restraint, Acted Honorably

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Commendations could be on the way for three La Crosse police officers who

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Last modified on Monday - May 25, 2015 8:52 am
Wednesday - January 28, 2015 10:45 am

Gundersen Tops List of Taxpayer Heavyweights Again

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The few thousand dollars you pay in property taxes to the city of La

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Last modified on Monday - May 25, 2015 8:52 am
Wednesday - January 28, 2015 10:45 am

Poage Park High on List of City's Park Priorities

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On Steve Carlyon's big list of things to do this spring: Start work on the

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Last modified on Monday - May 25, 2015 8:52 am
Tuesday - January 27, 2015 6:27 pm

Walker Wants To Make Sure Bucks Stay Here

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No new taxes, no hole in the state budget, and no loss of Wisconsin's professional basketball team -- or the revenue they provide.

 

Those were the big talking points for Wisconsin Governor Scott Walker on Tuesday morning, as Walker outlined a plan to use NBA player tax revenues to finance $220 million in bonding for a new multi-purpose arena in downtown Milwaukee. In a short prepared presentation at the Metropolitan Milwaukee Association of Commerce, Walker noted that NBA players currently pay $6.52 million annually in state income taxes, and that the projected growth in player salaries (and thus tax collections) could finance the full $220 million in revenue bonds included in his new state budget. Central to that projected growth is the NBA's new nine-year, $24 billion TV deal starting in 2016, an agreement that will roughly triple the current $900 million in television money split among franchises.  Moreover, Walker also announced that if the team were ever sold during the tenor of the debt -- whether the franchise left Milwaukee or not -- the first draw on sale proceeds would go towards fully paying off the remaining debt obligation at that time.

 

Combined with the $250 million already pledged by current Bucks ownership and former owner Herb Kohl, Walker's proposed $220 million financing would put proposed project funding already in the vicinity of the $450 to $500 million estimated for a new arena. Not that anything is guaranteed: While Walker's proposal is included in the new state budget he's formally submitting this coming week, it would still require approval of the state legislature and thus will undoubtedly face challenges over the coming months.

 

Still, Walker's support, the packaging of the proposal and the sheer magnitude of the dollars being discussed should make this a banner day for Bucks fans. While the proposal is dependent on the league's continued growth, much of the short-term risk is mitigated by the league's new long-term TV deal, and ultimately this was always the cleanest way to use public funds without new taxes or a diversion of existing tax revenues.

 

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Last modified on Monday - May 25, 2015 8:52 am
Tuesday - January 27, 2015 3:16 pm

Holmen Voters To See Two Ballot Questions In April

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Holmen school district voters in April will be asked to pass two

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Last modified on Monday - May 25, 2015 8:52 am
Tuesday - January 27, 2015 12:02 pm

Vinehout Asks Where The Money Will Come From

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Democratic Party Chair of Wisconsin Mike Tate says Governor

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Last modified on Monday - May 25, 2015 8:52 am

WEDC to watch our tax dollars in Foxconn deal, but who is watching WEDC?

17 August 2017

It is potentially the biggest deal in the state of Wisconsin's history. Lawmakers are trying to formalize a $3 billion incentive package to lure Foxconn, and its promise of 10,000...

Mr. Burke became a Father, 42 years ago

Thursday, 17 August 2017

Raymond Burke returned home to La Crosse in the summer of 1975, just after being ordained as a priest in Rome by Pope Paul VI. Father Burke was 27 years...

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