LFB: Property tax increases would be the same under JFC, Evers budgets

Property taxes on a median-value home would go up the same amount under the GOP’s budget plan as they would under Gov. Tony Evers’ original proposal, according to a Legislative Fiscal Bureau analysis.
That’s despite JFC Republicans last week pumping $58.6 million into the lottery to free up additional money for a tax credit to blunt increases.
The median-valued home, worth $166,967 at the end of last year, saw a property tax bill of $2,871.
Under Evers’ budget, that would go up $56 to $2,927 in the first year of Evers’ budget and $48 to $2,975 in the second. Those increases amount to 2 percent...

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