The Wisconsin Supreme Court found on Wednesday that local governments are within their rights to encourage projects by providing developers with direct cash incentives, a decision that upholds a financing method used throughout the state.
Property owners in southeastern Wisconsin who believe they won't be fully compensated for land Foxconn Technology Group needs to build a $10 billion plant are appealing a ruling dismissing their case.
Gov. Scott Walker has signed into law a measure boosting tax credits available for historic rehabilitation projects in Wisconsin from $500,000 to $3.5 million.