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TOP STORY

Neighboring towns may need to take on Brokaw's debtsSubmitted: 04/01/2015
BROKAW - Two central Wisconsin towns may need to take on more than $3-million in debt from a neighboring village.

The towns of Texas and Maine could take on the village of Brokaw's assets and debt if it decides to dissolve.

A paper mill left Brokaw in 2011.

Now its water utility costs much more to operate than it brings in from customers.

Texas and Maine officials held a joint meeting Monday that was attended by more than 200 people.

Maine Chairman Tad Schult told residents to contact state lawmakers to let municipalities declare bankruptcy.

That currently isn't an option for Brokaw or other communities in Wisconsin.

Consultants hired by Marathon County said Brokaw could also be consolidated with Wausau.

(Copyright 2015 Associated Press - All Rights Reserved)


Story By: Associated Press

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