During a recent government meeting, officials engaged in a robust discussion regarding the community's financial strategies, particularly focusing on property taxes and service funding. One board member expressed gratitude for the community's willingness to support local services through taxes, describing property tax payments as a significant charitable contribution. They emphasized the unique position of their small community, which manages to fund extensive services, highlighting the trade-off between living costs and community benefits.
Another board member acknowledged the necessity of reevaluating financial strategies, noting that for the first time in a decade, the board is compelled to consider adjustments due to a lack of financial cushion. They stressed the importance of providing quality core services while being transparent about the costs involved, advocating for a tax levy as the fairest method to distribute these costs among residents.
The discussion also touched on the potential implementation of a streetlight fee and a wheel tax, with concerns raised about the implications of introducing a wheel tax that could lead to double taxation for residents in Shorewood compared to those in neighboring Milwaukee County. The board member argued that while familiar, such a tax could be difficult to justify.
Additionally, the conversation included a call to reassess asset replacement policies and the effectiveness of the parking utility as a temporary financial solution. One member highlighted the need to consider the perspectives of renters in the community, noting that half of Shorewood's population rents their homes. They argued that affordability concerns should encompass all residents, not just single-family homeowners, and expressed optimism about finding innovative solutions to support diverse living situations within the community.
Overall, the meeting underscored the complexities of funding local services and the need for a balanced approach that considers the financial realities faced by all community members.