Wis. Admin. Code § Tax 19.03 — General

Tax 19.03(1) (1) Definitions. In this section:

Tax 19.03(1)(b) (b) “Excess property tax levy rate” means the amount by which the property tax levy rate for a municipality exceeds 5 mills.

Tax 19.03(1)(c) (c) “Municipal operating budget increase” means an amount, expressed as a percentage and rounded to 2 places beyond the decimal, which results from dividing:

Tax 19.03(1)(c)1. 1. The difference between the amount of the municipal operating budget for the year of the statement and the amount of the municipal operating budget, including any adjustment under s. 79.05 (6) , Stats., for the year before the year of the statement; by

Tax 19.03(1)(c)2. 2. The amount of the municipal operating budget, including any adjustment under s. 79.05 (6) , Stats., for the year before the year of the statement.

Tax 19.03(1)(f) (f) “Property tax levy rate” means an amount, expressed as a decimal and rounded to 9 places beyond the decimal, which results from dividing:

Tax 19.03(1)(f)1. 1. Municipal taxes only less the tax increment under s. 66.1105 , Stats.; by

Tax 19.03(1)(f)2. 2. The municipal full value less the tax incremental value under s. 66.1105 , Stats.

Tax 19.03(1)(i) (i) “Tax increment” means the sum of tax increments for all taxing jurisdictions as reported on the statement of taxes on the line entitled “tax increment.”

Tax 19.03(1)(j) (j) “Taxing jurisdiction” has the same meaning as in s. 74.01 (7) , Stats.

Tax 19.03(1)(k) (k) “Inflation factor” means an amount expressed as a percentage and rounded to one place beyond the decimal, which results from dividing:

Tax 19.03(1)(k)1. 1. The difference between the sum of the 12 monthly indexes of the U.S. consumer price index for all urban consumers, U.S. city average, for the year before the year of the statement and the sum of the 12 monthly indexes of the U.S. consumer price index for all urban consumers, U.S. city average, for the year prior to that year; by

Tax 19.03(1)(k)2. 2. The sum of the 12 monthly indexes of the U.S. consumer price index for all urban consumers, U.S. city average, for the year before the year of the statement.

Tax 19.03(1)(L) (L) “The year of the statement” means the calendar year in which the statement under s. 79.015 , Stats., is issued and is the year prior to the calendar year in which the expenditure restraint payment is to be made.

Tax 19.03(1)(m) (m) “Total property tax levy” means the amount reported on the statement of taxes as “total town, village or city taxes levied.”

Tax 19.03(1)(n) (n) “Valuation factor” has the same meaning as in s. 79.05 (1) (d) , Stats.

Tax 19.03(2) (2) Eligibility. Any town, village, or city shall receive an expenditure restraint payment if all of the following requirements are met:

Tax 19.03(2)(a) (a) Its property tax levy rate established during the year before the year of the statement is greater than 5 mills.

Tax 19.03(2)(c) (c) Its municipal operating budget increase is less than the percentage change under s. 79.05 (2) (c) , Stats.

Tax 19.03(3) (3) Eligibility under sub. (2) (a). The department of revenue shall determine whether a municipality meets the eligibility requirement under sub. (2) (a) . If a municipality meets this eligibility, the department of revenue shall send the expenditure restraint worksheet to the municipality which, when returned to the department of revenue, shall be used to determine if the municipality meets the requirement in sub. (2) (c) .

Tax 19.03(4) (4) Payment. If the department of revenue determines that a municipality meets the requirements in sub. (2) , it shall receive an expenditure restraint payment calculated by the department of revenue as follows:

Tax 19.03(4)(a) (a) Subtract 5 mills from the municipality’s property tax levy rate.

Tax 19.03(4)(b) (b) Multiply the amount under par. (a) by the municipality’s full value including the value increment under s. 66.1105 , Stats.

Tax 19.03(4)(c) (c) Divide the amount under par. (b) by the total of the amounts under par. (b) for all municipalities that qualify.

Tax 19.03(4)(d) (d) Multiply the amount under par. (c) by the amount of the appropriation under s. 79.01 (1) , 2021 Stats.

Tax 19.03(5) (5) Corrections to payments. The department of revenue will increase or decrease the subsequent year’s distribution under subch. I of ch. 79 , Stats., for any overpayments and underpayments.