From Shorewood Patch:
Give Thanks: Shorewood Approves Lowest Property Tax Increase in Decade
Using recently enacted legislation, village officials were able to mask an assessment error and present a modest 1.75 percent tax levy increase…
Along with many municipalities across the state, Shorewood attempted to balance its budget after $207,000 in cuts to state aid from Gov. Scott Walker’s 2011-13 budget bill. However, it will actually start in the black with $234,000 in savings from village employees — except for some police employees — contributing 12 percent to the cost of their health care premiums and 6 percent toward their pensions, all provisions outlined in the Act 10, or the budget repair bill.