Loading
Search
NEWS STORIES

Merrill brought in financial consultant, discussed factors in unexpected tax rate hikeSubmitted: 01/22/2019
Dakota Sherek
Dakota Sherek
Senior Reporter / Anchor
dsherek@wjfw.com

Merrill brought in financial consultant, discussed factors in unexpected tax rate hike
MERRILL -
Mistakes can happen when you manage a budget worth tens of millions of dollars. Merrill's Finance Director apparently made a few calculation errors that led to many upset people. The city is now working to make sure confusion and calls for resignations don't happen again.

Tuesday night at a Committee of the Whole meeting a financial consultant came in to explain more about taxation and how Tax Incremental Districts (TIDs) affect a budget.



Finance Director Kathy Unertl says many factors contributed to the misestimated tax rate, but one of the biggest factors was her self-described "inadequate assessment" of how TIDs worked within the budget.

"I was using assessed value TID in instead of assessed value TID out in my calculations," said Unertl.

Another factor was that Merrill lost about $11 million in property value when a reassessment happened in 2016. All of that caused the rate to go up, but not the amount the city was collecting.

"We told them a wrong percentage," said Merrill Mayor Derek Woellner. "So Tim [Meehean] is saying we aren't charging more because the budget we approved was for the same amount, we just gave the wrong percentage to expect."

Members of the public also had an opportunity to ask their own budget questions so they could also further their understanding.

Unertl proposed a new way of displaying the city budget next year in the hopes that a similar mistake can be avoided with the future. Woellner said he feels optimistic about next year's budget process. 


Text Size: + Increase | Decrease -
| Print Story | Email Story
Sponsored in part by HodagSports.com





 IN OTHER NEWS
What We're Working OnSubmitted: 03/25/2019

- Tonight on Newswatch 12:


We'll bring you new details on problems Rhinelander City Council members are having with City Administrator Daniel Guild.

We'll update you on plans for the Kalmar Senior Center in Eagle River which collapsed last month due to heavy snow.

And you'll hear from Attorney General Josh Kaul who was in Wausau today to announce that Wisconsin has joined multi-state investigations of opioid distributors.


We'll bring you all this and more tonight on Newswatch 12 - news from where you live.

+ Read More

MILWAUKEE - Some Wisconsin dairy farmers are crediting creativity and investments in innovation for their success after seeing hundreds of peers leave the industry last year.

Laura Daniels farms near Dodgeville. Daniels tells WUWM-FM that her farm has been working to determine better breeding choices. She looks at butter-fat and protein in the milk to select cows that make quality cheese.

Fennimore dairy farmer Peter Winch says he bought robotic milkers last year for his 240 cows. Each machine can cost tens of thousands of dollars, but Winch says the milkers give his family a break and reduce his reliance on workers

+ Read More

Play Video

RHINELANDER - Country music filled the Hodag Banquet Center this afternoon as part of the Hodag Country Band Pickoff Contest. A panel of judges determined the winner of the contest. Host of The Morning Hodag WHDG, Mike Michalak said six talented bands competed this year.

"A lot of them local but we've got them from Appleton, we've got them from Stevens Point, [and] we've got them from Upper Michigan," said Michalak.

+ Read More

MOSINEE - Police recovered a body in the Wisconsin River in Mosinee on Sunday afternoon, but very few other details have been released.

According to Mosinee Police Chief Ken Muelling, a report of a body in the river south of the Highway 153 bridge came in around 12:50 p.m.  The Marathon County Dive Team recovered the body with help from the Wausau and Mosinee fire departments.

+ Read More

MADISON - Wisconsin Gov. Tony Evers has received more than 1,000 letters, phone calls and emails about his plans to revive issuing pardons.

+ Read More

RHINELANDER - One person went to the hospital Sunday afternoon after a two car crash on Highway 47 near Northwestern Drive.

A red Toyota SUV and a blue Jeep crashed around 3:30 pm, but emergency crews could not say which was at fault at this time.

One person from the Toyota was transported to Ascension St. Mary's Hospital in Rhinelander with minor injuries.

There was no alcohol involved according to the Oneida County Sheriff's Office.

The Oneida County Sheriff's Office, Oneida County Ambulance and Newbold Fire Department responded.

+ Read More

Play Video

ANTIGO - People around the world celebrate World Down Syndrome Day on March 21 or 3-21, a reference to the third copy of chromosome 21 that causes the disorder.

+ Read More
+ More General News
Search: