Guest view: Invest in Butte by voting "yes on Economic Development Mill continuation – Montana Standard

Posted: May 1, 2020 at 7:47 pm

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Joe Willauer is the executive director of the Butte Local Development Corp.

On our primary-election ballot is an initiative to support the continuation of a program that has supported many of the businesses and events that many us care for in our community.

The Economic Development Mill is a 1-mill levy to support growth, activity, and development throughout our local economy and has delivered countless dollars of investment and jobs.

The mill was originally established in 1990 with the intent of supporting Economic Development Purposes For A Five Year Period and has been renewed ever since. Originally the fund directly supported organizations like ours, the Butte Local Development Corporation (BLDC), and has since transitioned into a grant fund to provide critical funding for festivals, businesses, job growth, and economic activity within Butte.

Through the utilization of the mill and the investments that have been made, there have been numerous positive ripple effects in many economic sectors including supporting the growth of small businesses, recruitment efforts to bring new businesses to town, support for our beloved festivals as well as the many sporting events that pack the civic center. These funds circulate throughout our community delivering additional impacts in many sectors.

Currently, the program is administered through a competitive grant process that businesses, organizations, and individuals can apply for if they believe that their plan will lead to economic growth and activity.

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Guest view: Invest in Butte by voting "yes on Economic Development Mill continuation - Montana Standard

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May 1st, 2020 at 7:47 pm

Posted in Investment