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Property Taxes

Friday, December 30, 2011

Village Property Taxes Due By Jan. 31

Property owners can pay by mail or in person at Village Hall.

Shorewood property owners have until Jan. 31 to pay their village taxes. However, if you want to deduct the payment on your 2011 taxes, you have to pay the bill by today.  Tax bills can be paid in person at Village Hall, 3930 N. Murray Ave. Shorewood Village Hall is open today until 5 p.m. The Village Hall is open from 8 a.m. to 5 p.m. Monday through Friday.  Taxpayers can also use the postage-free drop box located on the east side of Village Hall.  In addition, village property owners can pay their tax bills by mail, sending the payment to Shorewood Village Clerk, 3930 N. Murray Ave., Shorewood, WI  53211.  Full and partial payments can also be made at North Shore Bank, 4414 N. Oakland Ave.  If the property owner is on an installment plan…

Tuesday, November 22, 2011

Give Thanks: Shorewood Approves Lowest Property Tax Increase in Decade

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 $…

Thursday, September 29, 2011

Abele's Proposed County Budget Calls for No Hike in Property Taxes

However, County Executive's proposal for 2012 would cut Sheriff's Department spending by $14 million.

Milwaukee County Executive Chris Abele Thursday presented a $1.2 billion budget for 2012 that freezes the property tax levy at last year's level and cuts spending by 5.6 percent. In unveiling the plan, Abele described the budget as an “honest” document that does not include any revenue from potential land sales or overly optimistic projections about earning or expenses. While he didn’t go into every detail, Abele focused on four major budget areas in county government. While the 2012 budget proposal still devotes 49 percent of spending to public safety, Abele said it’s time for the Sheriff's Department, which has seen a 62 percent funding increase since 2001, to tighten its belt. He's calling for a $14 million cut on spending in the …

jbw

7:30 pm on Thursday, September 29, 2011

I'm surprised Abele actually made a proposal in line with his campaign promises. I figured he would rubber-stamp tax hikes alone, which seems to be the only other suggestion anyone is making. Or is there another serious proposal that reflects the critical need to rein in spending, so we don't need to slow our economy futher with taxes that just go to paying interest on debt?   more ›

Wednesday, August 24, 2011

Property Taxes Could Increase Due to Accounting Error

If the state does not fix the error, Shorewood property owners could see a 5.8 percent increase on next year's property tax bill.

Village property taxes could increase by 5.8 percent in 2012 due to an accounting error that misrepresented the value of the village’s business district. The error came when the value of the village's Tax Incremental Financing District No. 1, which blankets much of the business district, was recorded and published by the state Department of Revenue as $76.7 million too high, according to village officials. As a result, the amount the village levies in property taxes next year could be set artificially high, as it must be based on the total equalized value of property in Shorewood published by the Department of Revenue. If the error can't be fixed, all property owners could have to contribute an extra 5.8 percent in property taxes to …

CowDung

9:04 am on Thursday, August 25, 2011

Was this an error made by Associated Appraisal? Why aren't they on the hook to pay toward the shortfalls that resulted from their error?   more ›

Tuesday, March 1, 2011

Sewers and Referendums: What it All Means for the Wallet

With millions on the table for funding sewer repairs and School District referendums, what does that mean for you, the taxpayer?

With a $13 million School District referendum approved for the April 5 ballot, and an ambitious $71.5 million plan proposed by village officials for much needed sewer repairs looming, what does that mean for the taxpayers’ pocket book? In other words, if everything goes through, how much more is it all going to cost you? Well, including both measures, on the property tax bill for a home assessed at $300,000, you can expect to pay an additional $336 next year. However, that isn't the only place you can expect to fork out more. Paying for sewers will increase more than just your tax bill — it will hit your pocketbook in a variety of ways. Based on that same $300,000 home value, your sewer fee will increase next year by $37, storm water user …

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Adam W. McCoy

1:11 pm on Tuesday, March 1, 2011

The village will decide as sewer repairs start, what homes need the work done. Officials said some homes may not need the work but haven't said how they plan to pick and choose.   more ›

Friday, December 24, 2010

Reminder: Tax Bills in Holiday Mail Mix

Shorewood property owners face an overall tax increase of 3.2 percent.

Shorewood taxpayers may need to fan through festive greetings to find tax bills that arrived along with holiday mail. The village's year-end mailing to property owners reflects an overall 3.25 percent increase in the total tax bill, part of which helps fund a $10.5 million 2011 village operating budget. Owners of a home assessed at $300,000 will pay $7,629 in total property taxes in 2010, up $240 from $7,389 paid on a home of the same assessed value in 2009. The 2010 tax bill includes taxes for the village, Shorewood School District, Milwaukee County, the state, the Milwaukee Metropolitan Sewerage District and Milwaukee Area Technical College. The combined tax rate is $25.43, and includes a school levy credit. Village of Shorewood The …

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