District 7 council member Badri Lankella will continue his Lunch and Learn series on March 9.
The topic of choice next month is understanding property taxes, with Michelle Drea from the city’s assessor’s office and David Schmiedicke from the finance department joining.
They will explain the role of property assessments in determining property taxes.
“Local governments in Wisconsin rely heavily on property taxes to fund critical services like education, police and fire protection, parks, roads, libraries and even the courts,” Drea and Schmiedicke said in a joint statement. “Property assessments determine how the taxes are distributed but do not establish how much property tax is collected. This distinction and relationship are often misunderstood. Our goal is to provide helpful information to better understand and navigate the process.”
Bob Soldner, the assistant superintendent for financial services at MMSD, will also be present to address how district funding fits property taxes.
Following the speakers’ presentations, attendees will have the chance to participate in a question-and-answer session.
Register here.
