2023 Milwaukee City Code Regarding Property Tax Exemptions and Payments in Lieu of Taxes
Type
Ordinance or Resolution
Year
2023
Level
City or Town
State(s)
Wisconsin
Policy Areas
Democracy & Governance, Economic Justice, Finance & Procurement
Some property tax-exempt individuals and institutions make voluntary "payments in lieu of taxes" (PILOTs) to support local government services. This section of the Milwaukee City Charter and Code of Ordinances establishes regulations for tax-exempt properties and outlines the city's PILOT program which seeks voluntary payments from tax-exempt property owners. It includes a procedure for creating PILOT agreements between the city and individual owners, guidelines for determining payment amounts, and payment requirements for terminated PILOT agreements.