Business
Walmart rewarded $8000 in dispute with La Crosse on store assessment
Walmart should be getting some money back from La Crosse, as a result of a property tax dispute with City Hall.
Thursday, the city council finance committee approved a legal settlement with the store chain, concerning the value of the Walmart store on Mormon Coulee Road.
The company said the building was only worth $8.5 million, compared to a $10-million assessment by the city, and was being over-taxed.
The city and Walmart now agree on a value of $9.9 million.
The tax refund to Walmart should be around $8000, with a full council vote expected soon.
