Again. Taxes are going up much faster than inflation or wages.
In the city of Madison, the total tax bill for the average assessed home in the Madison School District is rising about $374, or 5.8%, to $6,789. That compares to just a $64 increase in 2018, about 1%, which was the lowest percentage increase since 2014. The sums reflect tax bills after the school tax credit is applied but before the state lottery credit, which grew about half as much this year as it did last year, and another credit for building improvements on property are deducted. The city’s new $40 vehicle registration fee, also known as a wheel tax, does not appear on the tax bill.
For this year, every taxing jurisdiction except the state, which has levied no property taxes since 2017, raised property taxes for Madison property owners, with the Madison schools making up the highest percentage and dollar increase, as well as the highest overall tax, a 7.4%, or $245, increase to $3,544 for the average home, now valued at $300,967.
A house here that is worth $300,000, here in Arizona would have real estate taxes less than $1000, in most places.
Here’s a $300,000 home in Rockford with taxes of almost $10,000.
Jjf,
What do you expect from a,corrupt, liberal state?
Wow, perfect example, John Foust of the pension mess in IL.
$300,000 home (price dropped from $325,000). $63/square foot. Tax bill $9609. School tax is $4950 – 51.5% of the total tax bill.
In 2017, average IL cost per pupil $15,337. $7372 wages, $5548 Benefits.
In 2014 cost to educate student, IL was $13,077; WI was $11,186.
We just had a house down the road sell at $118 square feet, taxes $3100 (about 1/2 to school district). In our area, the IL home would be in the $400,000+ range.
Looks like people in IL get it 2 ways – reduced resale value on their houses & much higher property taxes.
Yes, there are upscale homes in Rockford selling for under $200K, and average/decent places even under $100K in reasonable neighborhoods. Just minutes from our state border.
But what moron would move to Illinois? Given their pension problem, taxes as a whole (not just proptax) will soon overwhelm Wisconsin’s, and our State government is no piker in taxing/spending.
Just for fun, take a look at gasoline prices down there, with a $0.38/gallon tax.
@daddio. Jiffy doesn’t quite get why “upscale homes” are priced so low and “average/decent places” go for under 100k ….. in Rockford.
@ Jiffy. See: Beloit. Then see: South Beloit … and everything from there to through Rockf***. You’ll come to understand.
FWIW, y’all need to look at your local county Tech schools’ tax bill costs, too. Mine goes up a min of $100 every year. This year $135.
I think jiffy is happy about private wealth being destroyed.
The problem is: ability to stay in a home is unaffordable. The tax,example he cites is nearly the amount I pay on my commercial business which is assessed at 3-4 times that amount.
That is insane Marxism to south of our border.
I give a perfectly good example of skyrocketed taxes just a few miles from our border, and y’all think I must be in favor of it.
Reflexive much?
That article doesn’t even mention municipal fees. We were paying around $6000 in property taxes and fees on a Milwaukee duplex assessed at 165000. Moved to a $180000 house in a better part of the state with property taxes and fees around $3000.
Sadly, I am sure Wisconsin is having more than their fair share of FIBs moving to Wisconsin to avoid higher taxes.
Out west, many states are getting Californians who are fleeing California. All they have left in the state are the very rich and very poor. Typical socialist state of affairs.
Jjf,
Then say it, “IL is poorly run and liberalism has destroyed it.”
You can do it.
So Mar, you’re telling us that the home can be purchased for $100K, but the requisite ammo/barbed-wire fences/booby-traps will add another $100K or so?
Jiffy admits: “…I must be in favor of it. “
Of course.. You’re a Democrat.
MjM, reassure me that your thinking is deeper than that.
Jjf,
Then say you are against it.
Dad, pretty much the truth.
The number 1 selling baseball cap is a MAGA hat here.
I think Californians are freaking out when they see this.
Kevin says: “Jump, monkey, jump.”
I’m against low-fat “ice milk.”
Jjf,
You claimed that you may not support IL tax policies.
Just asking you for clarity instead of your ashamed slipperyness for once.
Be proud of your policy shame…or reject it. Don’t hide in the closet.
Golly, why didn’t Rauner fix it all?
Well, considering that jjf expects all state employees and their contractors to have a living wage, a well funded pension, perfect health insurance, lots of vacation, sick time and family leave, unionization plenty of money for social welfare, education, infrastructure, he shouldn’t be surprised at the high taxes in the land of the FIBs.
Wow, Mar, presume much?
How little do you think someone should get?
Just as an FYI:
On two properties we own ( home and recreational land) neither went up more than 1.8%. Maybe it isn’t as bad everywhere in WI.
Thank you, jjf for making my point.
Don’t complain but super high taxes when you don’t care about the expenses of government.
Mar, are you catching Kevin’s Disease? I “don’t care” about the expenses of government? Where’d you get that?