By allowing ads to appear on this site, you support the local businesses who, in turn, support great journalism.
New Glarus creates a Revolving Loan Fund
Placeholder Image
NEW GLARUS - With the closure of Tax Increment Financing District No. 2 in 2015, the Village Board was able to contribute about $125,000 in excess tax increment to a newly created Revolving Loan Fund program. The purpose of the RLF program is to create employment opportunities, increase local incomes, and ultimately enhance the New Glarus tax base through improvements in valuation of commercial properties within the village.