Evers Discusses Alternative Financing Models

Overview

Governor Tony Evers recently participated in a roundtable discussion with community leaders and financial experts to explore alternative financing models for infrastructure projects in Wisconsin. The meeting focused on identifying innovative approaches to funding essential infrastructure improvements while ensuring fiscal responsibility and equity.

Key Takeaways

Key takeaways from the discussion included:

• The need for a comprehensive approach to infrastructure financing that considers a range of options beyond traditional bonds and grants.
• The potential for public-private partnerships and other collaborative models to leverage private sector expertise and capital.
• The importance of considering the long-term costs and benefits of infrastructure investments, including the impact on future generations.

Governor Evers' Perspective

Governor Evers emphasized the need for a balanced approach to infrastructure financing that balances innovation with fiscal prudence. He highlighted the importance of engaging with local communities and seeking input from a diverse range of stakeholders.

Expert Insights

Financial experts at the roundtable shared their perspectives on alternative financing models, including:

• The use of green bonds to finance environmentally sustainable projects.
• The potential for tax increment financing (TIF) to generate revenue for infrastructure improvements in specific areas.
• The role of revolving loan funds in providing low-cost capital for small businesses and community development projects.

Next Steps

The roundtable discussion is expected to inform the development of a comprehensive infrastructure financing plan by the Evers administration. The plan will aim to identify specific projects and financing strategies that can be implemented in the coming years.

Additional Information

For more information on alternative financing models for infrastructure projects, refer to the following resources:

• National League of Cities: Infrastructure Finance Toolkit
• National Association of Counties: Financing Infrastructure
• International City/County Management Association: Alternative Financing Options for Infrastructure Projects