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County revolving loan fund merges with regional fund

One of the biggest changes to one of Pierce County’s most well-known committees occurred Monday.

The Finance and Personnel Committee approved the Revolving Loan Fund committee becoming a member of the Regional Business Fund, instead of a standing committee of the County Board.

Pierce County Economic Development Cooperation Director Bill Warner explained the state has been pushing to regionalize locally operated small-business revolving loan funds and last November Pierce asked the state for permission to join a fund. It’s took the state this long to say yes, Warner continued.

Warner stressed two positives for Pierce with this move: Reduction of obligations for the treasurer, administration and corporation counsel and county businesses can use speciality funds within the larger regional program (such as technology development financing and downtown commercial revitalization).

Loan committee members will still be appointed by the County Board chairman

In other action, the committee approved:

--Fair Coordinator Ann Webb to attend the International Association of Fairs in Las Vegas in December. Webb said her expenses will be paid by grants and the Wisconsin Association of Fairs as she is a director.

--Amended fees for services of the Medical Examiner Office. ME John Worsing said fees haven’t been changed since 2007 and the county needs to be comparable to other counties. A complete autopsy report will be $75 instead of $50, while a comprehensive ME report will be $50 instead of $5.

Jason Schulte

Jason Schulte is a reporter for the New Richmond News since February 2015. Prior to that he spent eight years at the Pierce County Herald in Ellsworth. His duties with the News will include covering news out of Hammond and Roberts along with action from St. Croix County court system. He lives in Roberts. 

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