Tuesday, November 20, 2012
The village's portion of the property tax bill will add less than 2 percent from last year, while the overall tax bill will only increase 1.04 percent due to a waning school district levy.
In contrast to last year when village officials scrambled to find a resolution to an enormous assessment error, Shorewood moved through an uneventful budget process this year, wrapping up Monday night adopting a $26.35 million budget and $10.5 million tax levy. The budget calls for a 1.79 percent increase, or $185,056, in the property tax levy from last year. That means the owner of a $300,000 property would see the village's portion of their tax bill rise by $38. The village represents roughly 28 percent of the total tax bill for Shorewood residents, while the school district is 41 percent. The overall tax bill will only increase by 1.04 percent however, thanks to the school’s portion decreasing by 1.54 percent, according to village …
Wednesday, August 1, 2012
While most school districts across the state cope with flat or declining state education funds, Shorewood will experience a dramatic hike as a result of an assessment error made late last summer.
Shorewood School District will see one of the largest state aid percent increases among public school districts in Wisconsin next year — a whopping 31 percent — due to an error by the village's assessor late last summer. The district will receive an estimated $1,128,518 in additional state aid next year — $4,759,539 compared to $3,631,021 this year — according to state Department of Public Instruction data. That's the third-highest increase statewide, behind Twin Lakes No. 4 and the Stone Bank School Districts. By comparison, the Whitefish Bay School District expects a 2.16 percent state aid increase and Fox Point-Bayside schools a .83 percent decrease next year. DPI’s data is only preliminary and actual aid figures will not be known until…
Monday, June 18, 2012
A look at this week's local events and news.
Here's a look at what's coming up this week in Shorewood. If we're missing something, please add it to the calendar. Shorewood Criterium — Competitive cycling is coming to the village Thursday when the Shorewood Criterium Cycling Classic will traverse the village, arousing the familiar sounds of applause and cowbells, clinking glasses and whirring tires. This will be the criterium’s ninth year, and its third year serving as the opening act for the Pro-Am Cycling Series known as the Tour of America’s Dairyland (ToAD). The women's race will start at 5 p.m. and the men's race at 6:30 p.m., both an hour long. There will also be a race for children at 6 p.m. Village Board Monday night — Village officials will discuss a block party in the 4500 …
43.087931
-87.884994
Shorewood Village Hall
3930 N Murray Ave, Shorewood, WI
/articles/shorewood-snapshot-shorewood-criterium-atwater-beach-party
1798654
/locations/7239480
43.08327
-87.890961
Hubbard Park
3565 N Morris Blvd, Shorewood, WI
/articles/shorewood-snapshot-shorewood-criterium-atwater-beach-party
1832108
/locations/7239481
43.089933
-87.874549
Atwater Beach and Park
4000 N Lake Dr, Shorewood, WI
/articles/shorewood-snapshot-shorewood-criterium-atwater-beach-party
1832110
/locations/7239482
43.087744
-87.884999
Shorewood Public Library
3920 N Murray Ave, Shorewood, WI
/articles/shorewood-snapshot-shorewood-criterium-atwater-beach-party
1842310
/locations/7239483
Monday, April 9, 2012
Shorewood is asking to be reimbursed for attorney and consultant fees; village assessor Associated Appraisal Consultants Inc. says it has filed a claim with its insurance company for the $25,000.
Shorewood shelled out $25,000 last fall as officials worked to realize a remedy to an assessment error that would have dramatically artificially inflated local property taxes. Now the village wants the money back from the firm it says made the error. Records released Monday to Shorewood Patch show the village spent $25,755 on legal and consulting fees and more as a result of the error. The village is asking Associated Appraisal Consultants Inc., its contracted assessment firm, to reimburse Shorewood for those costs. The assessment error made last summer valued Shorewood's Tax Incremental District No. 1, which blankets much of the business district, at $77 million instead of $77,000. The fees include work by law firm Reinhart Boerner to …
Sunday, April 1, 2012
A look at this week's local events and news.
Here's a look at what's coming up this week in Shorewood. If we're missing something, you can add it to the calendar. Election Day — Tuesday is of course Election Day and there are several races on the ballot including a Republican presidential primary and Village Board general election. Check out Shorewood Patch’s Election Central page to see what’s on the ballot and learn more about the candidates before heading out to the polls on Tuesday. And, stay with Patch for real-time coverage of Election Day. Village officials meet Monday — In addition to discussing a water rate increase of 29 percent or $13 for the average water user, though they aren't scheduled to vote, the Village Board will go into closed session to discuss a contract the …
43.087931
-87.884994
Shorewood Village Hall
3930 N Murray Ave, Shorewood, WI
/articles/shorewood-snapshot-tuesday-is-election-day-miss-shorewood
1798654
/locations/6709536
43.087744
-87.884999
Shorewood Public Library
3920 N Murray Ave, Shorewood, WI
/articles/shorewood-snapshot-tuesday-is-election-day-miss-shorewood
1842310
/locations/6709537
43.089088
-87.888874
Shorewood High School
1701 E Capitol Dr, Shorewood, WI
/articles/shorewood-snapshot-tuesday-is-election-day-miss-shorewood
1829677
/locations/6709538
Tuesday, November 22, 2011
Using recently enacted legislation, village officials were able to mask an assessment error and present a modest 1.75 percent tax levy increase.
With recently enacted legislation addressing an assessment error under their belt, Shorewood trustees approved a budget Monday that calls for a 1.75 percent increase in the property tax levy — the lowest hike in a decade. After months of workshops and navigating the error, which could have added more than $1 million to the levy, the Village Board adopted a $24.1 million budget, a decrease of 1.9 percent from last year, and a $9.6 million levy. Including the levy from four tax incremental financing districts — special taxing districts established as a tool to help spur development — the village tax levy will grow 1.75 percent, up $178,188 from last year. The increase translates into an increase of $36 on the tax bill of a home assessed at $…
Friday, November 18, 2011
The property tax increasing-error that Shorewood just dodged isn't an isolated incident.
About 60 miles to the southwest, hugging the Illinois-Wisconsin border in Kenosha County, the small village of Twin Lakes has been negotiating a large problem — one Shorewood officials know all too well. Twin Lakes and Shorewood both saw legislation drawn up in the wake of assessment errors, which overstated the value of their villages by tens of millions of dollars. In Shorewood, property taxpayers were facing an extra $2 million on their collective tax bills due to an error, which overstated its Tax Incremental District No. 1 by about $77 million. In Twin Lakes, officials lobbied their local lawmaker, state Rep. Samantha Kerkman (R-Powers Lake), for a solution to valuation error via legislation that exaggerated the village’s overall …
Tuesday, November 8, 2011
While officials have likely found their solution to masking the effects of an assessment error from property taxpayers, they still have to wait on other factors before approving their budget.
Village Manager Chris Swartz said on Monday that Shorewood would need to delay approving its budget until other taxing bodies shape their levies — giving the village a definitive picture of how an assessment error affects its levy. Even with pending legislation that would exclude Shorewood from the levy limit law, officials are forced to take another step in navigating their budget with the valuation mistake. Senate Bill 224, authored by Sen. Alberta Darling (R-River Hills) and Rep. Samantha Kerkman (R-Powers Lake), is on Gov. Scott Walker’s desk awaiting a signature after passing the Senate and Assembly unanimously. “We have a pretty good sense he will sign the bill,” Swartz said. The error made by Shorewood’s assessor, Mark Brown of …
Thursday, October 27, 2011
Village officials hope measure — which needs Assembly approval — is the answer to protecting taxpayers from mistake that could see property taxes rise 5.8 percent.
A bill authored by state Sen. Alberta Darling that would lift property tax levy limits for Shorewood and soften the impact of a valuation error on taxpayers unanimously passed the state Senate Thursday. The error made by Shorewood’s assessor forces the village to add an additional $2 million to this year’s levy. To avoid an artificial spike in property taxes, Shorewood officials plan to decrease the levy by $2 million, borrow or use cash on hand to fund the difference, and then raise the levy the following year by the same amount. However, state law prohibits municipalities like Shorewood from increasing its tax levy for any reason other than through development or referendum. Senate Bill 224, authored by Darling (R-River Hills) and Rep. …
Tuesday, October 11, 2011
Shorewood officials hope Senate Bill 224 is the answer to protecting taxpayers from an assessment error which could see property taxes raise 5.8 percent.
Sen. Alberta Darling introduced legislation Thursday which, if approved, would thaw Shorewood’s frozen tax levy limit and help officials alleviate the burden of an assessment error on village property owners. An valuation error made by Shorewood's contracted assessor requires the village to levy an additional $2 million next year. The village could compensate taxpayers by reducing the 2011 levy by that $2 million, but new state law that freezes property taxes then prevents that increase in 2012. Senate Bill 224, authored by Darling (R-River Hills) and Rep. Samantha Kerkman (R-Powers Lake), would allow the village to add back to its 2012 levy the amount by which it hopes to reduce its 2011 levy. Village officials hope legislation will pass …
Vicki Bennett
6:57 am on Wednesday, November 21, 2012
Interesting. I thought that, with all the gifting to the new new apartments and condo projects, we were supposed to be spared tax increases with the new tax revenue. Something doesn't add up. more ›