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
