Property Tax Levy Limit

State

Wisconsin

Year

2009

Limit Type

Levy Limit

Limit Name

Property Tax Levy Limit

Limit Description

The property tax levy increase is limited to the valuation factor of any county or municipality (city, village, or town). The valuation factor is defined as a percentage equal to the percentage change in the jurisdiction's equalized value due to net new construction less improvements removed between the previous year and the current year, but not less than 3%. The base levy is defined as the prior year allowable levy, as opposed to actual levy. Unused levy authority from the prior year is included in the base levy. Certain exceptions apply.

Override Process

Override is by a local resolution approved in a referendum. The referendum language must state specific dollar amounts and an applicable time period for the increase.

Record ID

WI002_LM09

Footnotes

The levy limit program is imposed are approved for a two year period at the beginning of the biennium. The limits for 2009 and 2010 were imposed by L. 2009 Act 28. There are provisions to sunset as of 2011, unless reauthorized by the legislature. If a county or municipality exceeds the levy limit, the state will reduce its shared revenue payment, dollar for dollar. A town with a population of less than 2,000 may exceed the limit if an authorizing local resolution is adopted at an annual budget meeting.

Sources

Wis. Stat. § 66.0602 (in effect for 2009)
Mullins, Daniel and Kimberly Cox. 1995. Tax and Expenditures Limits on Local Governments, M-194, Washington, DC: Advisory Commission on Intergovernmental Relations. View Archived Source
L. 2009 Act 28.

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