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City of Brookfield new construction at 1%

August 29, 2008 at 9:40 am --by Cindy Kilkenny · No Comments

That’s what we read this morning. Of course, we knew that was growth in assessed value was about that last June. Under the state revenue caps, the property tax levy - the total taxes collected - are allowed to rise 2%. That means you will get bitten a little harder than usual, since you are making up a 1% difference.

Let the weeping and wailing and gnashing of teeth begin. The city has been stashing money for about 7 years now. There’s no reason for City Hall to complain. Dipping into the stash for actual needs for a change, not fabricated needs like relocating fire stations to keep west-side voters happy, won’t break the bank.

Tags: Brookfield · Taxes

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