DECEMBER 19, 2014
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Positive Economic News
Property Tax Cut. Have you looked
closer at your property tax bill? The decrease is due to the $406
million investment in additional property tax relief passed last
session. More than $30 million went to reduce the taxpayer portion of
the levy of the Gateway Technical College District. That translated to
a 52.1 percent decrease in the tech college portion of property
taxes. Residents living in the Blackhawk Technical College District will
see an average of $99.64 in savings, a reduction of 40.1 percent.
Property Tax Myths
In addition to the savings that many people will see this year, it's important to know the facts about your property taxes. Many people believe that their tax bill is only affected by tax levies and local assessments, however, that's a myth. . Read more about other property tax myths by clicking here. The Wisconsin Taxpayers Alliance recently released a report illustrating the changes in tax bills. To read the report, click here.
If you have any comments
regarding the subject of this E-Update, please feel free to contact me.