As lands are bought for public use and taken off the tax rolls, a host of programs keep the costs from rolling onto your tax bill. I n February, reality hits you a little hard right in the kisser. While you are calculating if you can afford a vacation, Uncle Sam and the state want you calculating your tax bill. In these grumbling days, when the value of public schools, public works and public lands seem as slim as your wallet, perhaps a little positive news about taxes would cheer you up. A new Wisconsin Department of Revenue report examines what happens to community tax burdens as lands are purchased and become public.
Many people believe property taxes rise when lands in their communities are bought for public use.
Though people appreciate the aesthetic and recreational benefits of public spaces, they believe taking these lands off the tax roll shifts the tax burden to property owners in the area. In fact, many programs combine to minimize the tax consequences of setting aside places for common enjoyment. The taxonomy of taxes Several types of government in Wisconsin have the authority to levy property taxes. In rural areas, the major taxing authorities are school districts, counties and towns. Except for the state tax, each of these authorities can set its tax levy, which is usually adjusted annually.