Family & Home

Village of Holmen will see tax-rate increase for 2019

Published

5 years ago

December 5, 2018

The Village of Holmen will see a six-percent jump in its property tax rate.

Part of the reasoning, new investments in the TIF districts that brought in a new Festival Foods, a new Kwik Trip and other shops to Holmen.

A $200,000 home will pay $4,584 dollars — or about $22.90 for every $1,000.

Village administrator Scott Heinig said the debt service increase will pay off in the end.

“The hope, then, is, and this is already looking like it’s going to be the case, heading into the next few years, those private investments, then, will help to reduce the tax rate,” Heinig said.

The highest portion of the tax bill comes from Holmen’s schools.

Related Topics:holmen property taxes taxes TIF

Drew Kelly

Born in Decorah Iowa. I've been a news reporter for the last 10 years, starting right out of college in Fort Dodge, Iowa. Other professional opportunities led me to Marshalltown, Iowa and Antigo Wisconsin, before I finally was afforded the opportunity here in La Crosse. I've been here since 2016. I also act as the voice of local sports, doing play by play of high school and college football and basketball. When not working I enjoy golfing.