Walker claims taxes are down

Associated Press

Updated: Apr 17, 2012 8:25 AM

MADISON (AP) — Gov. Scott Walker's administration says property taxes dropped slightly last year.

The administration released a memo from the Department of Revenue showing that taxes on a median value home dipped 0.4 percent, the first time in 12 years they've decreased. The memo credits $3.6 billion in new construction with helping to ease the burden on existing homeowners.

The nonpartisan Legislative Fiscal Bureau had estimated last year that property taxes on a median value home would increase by nearly a full percentage point in 2011.

The actual 0.4 percent decrease equates to a drop of $11 for the owner of a median valued home of $157,600.

The average property tax bill on that same home was $2,951.

Copyright 2013 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Political Pulse

We welcome your thoughtful comments. Be the first to participate in the discussion. All comments will display your username and avatar.