State Revises City's Tax Numbers; New Construction Figure Jumps $189.3 Million
The Milwaukee Journal Sentinel › August 18, 2005
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Summary
Madison State officials have recalculated their figures on the amount of new construction in the city of Milwaukee last year, adding $189.3 million to the total they reported earlier this week.
Tuesday, after appeals from Milwaukee's assessor, state Department of Revenue officials changed from $271.8 million to $461.1 million the amount of new construction in the city in 2004. The correction means that new construction equaled 1.9% of the city's tax base, up from the 1.2% initial figure released Monday.See the full content of this document
Extract
State Revises City's Tax Numbers; New Construction Figure Jumps $189.3 Million
The change still means that the City of Milwaukee will be able to raise its property tax levy i...
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