Report explores link between state property tax limits, municipal spending

State-imposed limits that tie municipal property tax increases to new construction are affecting local government spending overall as well as in specific areas such transportation and development, according to a new analysis by the Wisconsin Policy Forum (WPF).

Under the current limits, municipalities generally may only increase their total property tax collections, or levies, by the rate of new construction each year. The report notes that state aids, the other main source of municipal revenues, have been flat or declined in recent years....

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- - Volume: 6 - WEEK: 27 Date: 7/5/2018 8:28:56 AM -