Residential and business development grows in the City of Beloit during 2021.

The city’s Popular Annual Financial Report shows the unemployment rate in Beloit shrinking from 4.7% to 3.5%, which was slightly higher that the Wisconsin average of 3.1%.

The report also noted such developments last year as the construction of ABC Supply Stadium, fhe new $5.5 million Joel Barrett Stateline Boys and Girls Club, the Lincoln Academy charter school, and over 170 residential sites completed or under construction.

Also pointed out is the Ho-Chunk Nation Casino and Resort project recently receiving approval from the Bureau of Indian Affairs to begin construction.

The project is expected to bring 1,300 jobs to the city.

The report is available on the City of Beloit website.