Dec 08

As of the First of December Milwaukee property owners owe a whopping $60,527,762 in delinquent property taxes. Yes $60 million dollars. This amount does not include the interest and penalties that are due.

Forty one percent are owner occupants.  2575 of balances are greater than $5,000.  Some have taxes due back to 2000, yes eleven years of back taxes.

Study it yourself with the City Treasurer’s Data

Prediction: A lot more foreclosures are on the horizon

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