The Village Board will make the decision to pass the 1.2 percent tax levy increase on December 4.
The Greendale Finance Committee approved a proposed 2013 budget to send to the board that included a 1.2 percent tax levy increase. Committee members said on Monday that even though the tax levy increased 1.2 percent, from $9.1 to $9.2 million, residents would only see about 0.8% increase on their property tax bill. Village Manger Todd Michaels said this is because the Village got slightly larger with new development, such as the Southridge Mall area, and the assessed value increased. Assuming assessments stay the same, an average Greendale homeowner—with a property value of $201,272—would see their village taxes increase by $13.45, to $1,567.56 from $1,554.11, according to a memo from Village Manager Todd Michaels. The 2013 proposed …
$14 million proposed budget includes savings from changes in employee benefits, new staff for the clerk-treasurer's office, and reductions in Recycling Center hours.
The Greendale Village Board of Trustees took its first look at the proposed village budget for 2013 at last night’s Committee of the Whole meeting. The budget calls for an increase of 1.2 percent in the tax levy, from $9,100,543 to $9,209,750, resulting in an estimated $.06 or .87% increase in the tax rate, from $7.72 to $7.78, per $1,000 of assessed value. Assuming that the assessment stays the same in 2012 on an average Greendale home, estimated at $201,272, the budget’s impact on that home will mean that their village taxes will increase by $13.45 to $1,567.56 from $1,554.11, according to a memo from Village Manager Todd Michaels. Michaels detailed key points of the roughly $14 million budget, including savings in employee and retiree …
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Jason Dembosky
12:56 pm on Wednesday, December 5, 2012
Although Greendale kept its end of the deal, MATC, MMSD, and the County did not. Look for a 4-6% increase on those taxes. So, recommenting on my statement on November 27th, you will probably see a tax increase, but you cannot direct your blame to the Village. We, as a community, need to find out "why" these outside taxes keep increasing...mainly the MATC tax. more ›