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Kenosha County exec unveils ambitious budget and growth plans

October 02, 2024 | Kenosha County, Wisconsin


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Kenosha County exec unveils ambitious budget and growth plans
In a significant presentation during the recent county meeting, Kenosha County Executive highlighted the introduction of his third budget, welcoming ten new supervisors to the board. He emphasized the collaborative effort behind the budget, which aims to reflect the diverse identity of the county, from its urban centers to rural landscapes.

The Executive noted a milestone achievement for the county, as S&P Global reaffirmed Kenosha's AAA bond rating for the fourth consecutive year. This prestigious rating not only symbolizes fiscal excellence but has also resulted in approximately $1 million in interest savings since 2021, benefiting taxpayers directly. The finance team was commended for their efforts in maintaining this high rating, which places Kenosha among only seven counties in Wisconsin to achieve such a distinction.

The meeting also highlighted Kenosha County's impressive economic growth, with a reported 9.4% increase in employment over the past five years, ranking third in the state. The county has seen significant job additions since 2019 and boasts a net new construction rate of 2.7%, well above the state average. Additionally, the county's population in prime working years is among the highest in Wisconsin, contributing to a robust economic outlook.

Overall, the budget presentation underscored a commitment to responsible financial management and a forward-looking approach to the county's development, setting a positive tone for the future of Kenosha County.

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