In case you’ve been in a cave the last 2 days, I have some good news and some bad news for city of Milwaukee property owners (of which my dad is one):
The good – The city of Milwaukee forgot to include an additional $9 million tax increase requested by Milwaukee Public Schools.
The bad – MPS isn’t going to forego the money, and instead of sending out a special assessment to immediately collect that money, the city is going to borrow it so that the $9 million will turn into $14 million or so once interest is figured in.