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$5 million provision would boost local economic development


JANESVILLE — So you’re looking for the perfect place for your new factory.

Lots of cities are clamoring for you to choose them. Why choose Janesville?

How about hundreds of thousands of dollars in tax incentives that most places in Wisconsin can’t offer?


That’s no pipedream.



The Legislature’s Joint Finance Committee on Thursday approved a provision in the state budget that would create a Development Opportunity Zone in Janesville. The zo...

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Helgesen wants to fill space with jobs for Janesville

 

JANESVILLE - Jeffrey Helgesen's life is all about challenges.

 

His two sons from a first marriage are Navy SEALs. One just returned from his third tour in Iraq and Afghanistan, but the other remains in Iraq.

 

His father, with whom he's had a rocky relationship, suffers from dementia.

 


And the developer's largest Janesville tenant has flown the coop, leaving Helgesen with a massive hole in his commercial real estate portfolio.

 

One challenge after the next, he worries about them all.

&...

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Rock County airport looks for more revenue

 

JANESVILLE -- Those at the Southern Wisconsin Regional Airport are looking to lease more space to help offset potential drops in revenue.

 

"It's going to be a tough year," said Director Ron Burdick.

 

The total budget for the airport is around $700,000 this year, with the tax levy being $417,000. The airport typically receives about $300,000 from the various businesses that rent space and pay fees.

 


Mr. Burdick said he estimates the incoming revenue will be a little lower for 2009 because of less money coming in from landing fees, although it's still too early to tell what the shortfall will be.

 

The airp...

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