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HomeMy WebLinkAboutResolution 2009 (17) RESOLUTION OPPOSING 2009 STATE ASSEMBLY BILL 149 PROPOSING INTEREST RATE REDUCTION ON TAX DELINQUENT PROPERTIES Resolution No. 17 (D, 1)e) q) St. Croix County, Wisconsin WHEREAS, 2009 State Assembly Bill (AB) 149 proposes reducing the interest rate for unpaid property taxes from twelve percent (12 %) to six percent (6 %); and WHEREAS, if adopted, the reduced interest rate charge will result in a loss of interest revenue to the County, which would likely have to be offset by a reduction in County services or by an increase in taxes; and WHEREAS, temporarily reducing the interest rate charge on tax delinquent properties is not a solution that will result in long -term relief to taxpayers and may serve to create confusion if the interest rate is again raised in the future; and WHEREAS, AB 149 would provide an incentive to more taxpayers to not pay their real estate taxes, a result not in the public's best interest; and WHEREAS, the County must settle with (pay the amount of tax due) other taxing jurisdictions even if the tax is not paid. THEREFORE, BE IT RESOLVED that the St. Croix County Board of Supervisors opposes AB 149 to reduce the interest rate charged on delinquent property taxes. BE IT FURTHER RESOLVED that a copy of this resolution be forwarded by the County Clerk to Governor Doyle and St. Croix County's representatives in the Wisconsin State Senate and Assembly. Offered by the Administration Committee YES NO ABSTAIN ABSENT SUPERVISOR SIGNATURE--) ❑ ❑ ❑ Richard King % ® ❑ ❑ ❑ Eugene Ruetz der ®❑ ❑ ❑ Julie Speer ® ❑ ❑ ❑ Esther Wentz ( / 4 01r . r �' � / ® ❑ ❑ ❑ Daryl Standafer This Resolution was adopted by the St. Croix County Board Reviewed as to form on 5 - (g': of Supervisors on rs14 11 66 GT ikevv AvnA9v\--- &d )0252 Greg Ti erman, Corporation Counsel Cindy Campbell, County Clerk 1