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Modest increases coming, and even some decreases, for Dane County property taxpayers – Madison.com

In the city of Madison, the total tax bill for the average assessed home in the Madison School District is rising about $124, or 1.76%, to $7,206. That compares with an increase of about $293, or 4.3%, in 2020. In 2019, the bill rose about $374, or 5.8%.



Those sums reflect tax bills after the school tax credit is applied but before deducting the state lottery credit, which rose 57% to $303 this year for the average-value $335,200 home in Madison, and another credit for building improvements. The city’s $40 vehicle registration fee, also known as a wheel tax, now in its third year, does not appear on property tax bills.

Madison, Dane County and the Madison schools increased property taxes for Madison property owners, but Madison Area Technical College slightly lowered taxes.

The Madison School District imposed the highest percentage and dollar increase, as well as the highest overall tax, a 2.6%, or $97 increase to $3,855 for the average-value home. The city’s portion of the tax bill rose 2.2%, or $60, to $2,787 on that home.

Overall, the city is collecting $259 million more in taxes this year, a 1.2% increase over the current year.

Source: https://madison.com/wsj/news/local/govt-and-politics/modest-increases-coming-and-even-some-decreases-for-dane-county-property-taxpayers/article_476c5cc5-4637-5bf3-95ca-b5e3701278b4.html