Faced with navigating the COVID-19 pandemic, the Wisconsin Center District (WCD) received board approval to move forward with its planned $420 million convention center expansion project.
The approval of this project, and the restructuring of the district’s existing debt, would not have been possible without the intentional, detailed and creative thinking of the WCD finance team and its consultants, according to Katharine Foley, account supervisor for Kane Communications Group.
Kyle Graham, director of finance at the WCD, was instrumental in developing and executing the core accounting of these transactions and leading the organization through the district’s 2020 audit, Foley said.
Restructuring existing debt was a fundamental financing strategy that offers the WCD additional borrowing capacity well into the future and protects the WCD from future economic uncertainties.
Graham has been with the WCD for just over a year. Prior to this, he was the controller for Levy Restaurants, WCD’s in-house food and beverage partner.