After receiving feedback from the County Board, we have decreased the projected maximum budget for phase 2 of the Government Center expansion to $80 Million. The final amount we borrow may be lower. The cost for this phase will not exceed this amount.
To pay for the expansion of this phase, property taxes would increase based off your equalized property value. The dollar amounts shown in the graph below represent the maximum change to your property taxes. This amount will gradually drop back down over the years.
It is important to note that these numbers do not factor in growth to our County. We are currently the fastest growing county in Wisconsin. As our population grows and more people are paying taxes, the cost is spread out, and will result in lower taxes.
|Equalized Property Value||Initial Annual Property Tax Increase|
Our property taxes are determined by the County’s Mill Rate. The Mill Rate for St. Croix County has decreased every year since 2013. This expansion will raise the mill rate to near the level we were at in 2020 then should decrease in the following years.
We know that no one likes seeing their property taxes increase, but did you know that County taxes account for less than 20% of the average property tax bill? That's means less than 20 cents on every dollar you pay in property taxes goes to fund important services like 9-1-1 dispatch and our Sheriff’s Department, Court Services, and keeping our roads clear in the winter. The expansion will help ensure our services keep up with the growing needs of our County.
The images below show an example of tax bill distribution percentages for the cities of Hudson and New Richmond.
Back to the Government Center Expansion page.