Month: March 2021

Governor Evers Approves Plans for Ho-Chunk Casino in Beloit

Gov. Tony Evers signed off Wednesday on the Ho-Chunk Nation’s plans to open a casino and entertainment complex in Beloit, hailing the project as job creator that will help the region recover from the economic damage of the COVID-19 pandemic.

The U.S. Department of the Interior in April approved taking 32 acres just north of the Illinois border into trust for the purpose of developing the complex. Federal law gives governors the power to approve or reject off-reservation casinos.

The complex would include one of the largest casinos in the state as well as a 300-room hotel with more than 45,000 square feet of meeting and convention space, and a 40,000-square-foot indoor waterpark.

The Department of the Interior now must issue a final determination on taking the land into trust. Evers and the Ho-Chunk then must amend the tribe’s gaming compact with the state.

“As we work to bounce back from this pandemic, we must do everything we can to support economic development in communities across our state,” Evers said in a statement.

The Ho-Chunk already run three casinos in Wisconsin — one in Nekoosa, one in Baraboo and one in Black River Falls. The tribe’s gaming compact with the state allows it to operate a fourth. Plans for the Beloit facility have been in the works for more than 20 years.

Beloit voters approved the project in a 1999 referendum. The tribe purchased the land in 2009 and has been working to win federal and gubernatorial approval to build a casino there since 2012.

Wisconsin Legislature Approves Funding Bill for Utility Ratepayer Advocate

Wisconsin lawmakers have approved a bill to provide the state’s consumer advocate with funding to negotiate more favorable utility rates.

The bill, passed by the Senate Tuesday, would direct $900,000 a year from ratepayers of Wisconsin’s investor-owned utilities to the Customer Utility Board (CUB), an independent nonprofit organization established by the Legislature to represent utility customers. Funding would be administered by the Public Service Commission, which would have oversight of the organization’s budget.

“Wisconsin homeowners, renters and small businesses will now have an even more effective consumer advocate working on their behalf in the years ahead,” said CUB executive director Tom Content.

Content said the additional revenue will allow CUB to expand its staff and better represent ratepayer interests under a 2018 law that encourages utilities to negotiate rates with consumer advocates and other interested parties.

The new model is expected to cost customers of investor-owned utilities a little less than 2 cents a month. Content said that in the past 15 years CUB has saved ratepayers $3.6 billion, a return of $170 on the dollar.

The bill prohibits CUB from using that funding on lobbying or work on rates and practices of municipal utilities, though it would be eligible to receive up to $100,000 in additional funding from the PSC for other work, such as intervention in a water rate case.

The bill also streamlines some PSC regulatory procedures, including:

  • Allowing utilities to file a single application to build a generator and associated transmission line; current law requires a separate application for the line.
  • Doubling the cost threshold to $5 million for natural gas projects requiring commission approval.
  • Eliminating the requirement for the PSC to conduct an environmental review of its 2-year strategic energy plan.

The bill, passed unanimously by the Senate and Assembly, now heads to Gov. Tony Evers, who previously endorsed the proposal and included most of the language in his biennial budget.

February Wisconsin Housing Market Remarkably Robust

Strong February housing sales pushed what are typically the three slowest months of the year into record territory, according to the most recent analysis of the existing home market by the Wisconsin REALTORS® Association (WRA). February 2021 sales increased 5.5% compared to February 2020, which was the last month before the recession began. Inventories continued to be very tight, which has led to a sustained period of very strong price appreciation. The median price rose to $215,000 in February, which is 13.2% higher than 12 months earlier. In fact, median prices have grown at an annual rate of 9.7% or higher each month since July of last year.

This is the strongest seller’s market on record, and it pushed prices up sharply in February,” said WRA President & CEO Michael Theo. The inventory problem shows no sign of abating. The state had just 2.1 months of available supply in February, which is the second straight month of record-low inventory levels. “Every price range of homes, every region of the state, and every type of county, from the most urban to the most rural, have very strong seller’s markets,” said Theo.

“One bright spot has been the new construction market,” said Theo. A review of Wisconsin single-family permit data compiled by the U.S. Census Bureau shows an increase of 13.7% in 2020 compared to 2019, and housing permits were up 19% in January compared to 12 months earlier. The number of permits is a reliable predictor of housing starts. “Most buyers who build a new home are trading up from an existing home, so the strong seller’s market is helping to fuel the new home market,” said Theo. Since the average time from a housing start to completion is 7.4 months in the Midwest, the increased permit activity in 2020 should help mitigate the supply problem in 2021. “We still need to see more inventory of existing homes, but this is a good sign going into the peak sales season,” he said.

DHS Secretary Implores Employers to Help Vaccine Rollout Effort

As eligibility for the COVID-19 widens to more groups in the coming weeks, the state’s top health official said employers will play an important role in helping their employees access the vaccine when the time comes.

Interim Wisconsin Department of Health Services secretary Karen Timberlake said the role of employers varies, but could include allowing employees to take off work to get vaccinated, hosting on-site vaccine clinics or simply sharing information about vaccine safety with employees.

“We think you have a role to play,” Timberlake told GMC members. “And we do think that the most important thing you can be doing is helping your employees with access to good, fact-based, science-based information about vaccine efficacy and safety, vaccine availability, what the plan is for your workplace when your employees become eligible.”

“We know that employers are a very trusted messenger for their employees around these kinds of matters, so our job as a health department is to equip you with the facts you need,” she added.

Employers should consider how transportation challenges could prevent employees from accessing the vaccine and potentially partner with a local health department or health systems to ease those issues. With vaccine appointments generally being held during traditional work hours, Timberlake said employers should also consider allowing employees to get their shot on paid time.