Wisconsin towns talk options for neighboring village in debt

MAINE - Officials in two Wisconsin towns are looking at their options if they end up incurring more than $3 million in debt of a neighboring village.

Daily Herald Media (http://wdhne.ws/1ywHbUc ) reports 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, and its water utility now 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 about allowing municipalities to declare bankruptcy, which currently isn't an option for Brokaw or others in Wisconsin.

Full story: WJFW