# Wausau Finance Committee Meeting - 9/22/26

The City of Wausau Finance Committee met on September 22, 2026, to discuss several procurement and budget-related items. Key procurement discussions included approval of a multi-year budget modification for the 700 Grand Avenue apartment development agreement and tax increment grant, with the committee approving the budget modification to facilitate payment upon project completion. The committee also revisited a previously failed public safety building feasibility study, considering quotes from architects and discussing next steps for funding and due diligence. A significant portion of the meeting focused on lead service line replacement projects, reviewing funding options, cost escalations, and financing scenarios, with a motion passed to proceed with the city fully funding the program through 2028 to lock in low interest rates and avoid cost increases. Additionally, the committee discussed amending procurement and grant acceptance policies to enhance suspension and debarment verification procedures for vendors to ensure federal compliance. The meeting concluded with a vote to enter closed session to deliberate on a potential real estate purchase of county highway department properties.

**Jurisdictions:** sled
**Industries:** Construction & Infrastructure, Public Safety
**Topics:** Grants & Funding, Regulatory Compliance
**Published:** September 22, 2026

### Sources
- [Wausau Finance Committee Meeting - 9/22/26](https://www.youtube.com/watch?v=tS02LFDlDVw) - City of Wausau Meetings