(This is an evolving document with this version approved in principal at the Development Committee meeting on January 11, 2003.) The natural environment, plus the diversity of its people, businesses and buildings makes Riverwest unique in Milwaukee. Our neighborhood has been discovered in recent years by a new group of investors and people with a […]
taxes
Posted inNeighborhood News
SEWRPC’s Freeway Expansion Plan: Impact on Milwaukee Neighborhoods
The Southeastern Wisconsin Regional Planning Commission (SEWRPC) has proposed redesigning the freeway system and adding new lanes to 127 miles of the region’s freeways. In Milwaukee County, more lanes would be added to I-894, I-45, I-43, and I-94. The plan would cost $6.25 billion, or $17.2 million per month — not including interest on any borrowing — for 30 years. No funding source has been identified. SEWRPC says finding a way to pay for its plans is not its responsibility.
Posted inNeighborhood News
Becoming “Successfully Gentrified”
In recent years, Riverwest has been primed for gentrification. Higher property values near Brady Street to the south, the University of Wisconsin-Milwaukee area to the east, and the booming Brewers Hill neighborhood to the southwest are causing an increase in housing demand in Riverwest and driving up housing costs and property taxes.
Posted inCommentary & Opinion
Foreclosure: Losing Your Home
Foreclosure is the legal process by which a local government takes title to a property. Milwaukee County is the local government body that would take this action as a last resort when all other efforts at collection of unpaid property taxes had failed. The foreclosure process can begin in Milwaukee County after your taxes have been delinquent for more than one year.
Posted inCommentary & Opinion
It is Your Home and with it Comes Your Property Taxes
If you own your home, your City of Milwaukee property taxes for 2002 are due on January 31, 2003. If you have a mortgage on your home, the taxes may be part of an escrow account that the bank holds for you and uses to pay your taxes for you. Then you have to do little more than make your monthly mortgage payments, and the bank is collecting your tax money for eventual payment.
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