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Finance Committee approves settlement and refund for property tax appeal covering 2022–23
Summary
The City of Madison Finance Committee unanimously approved Legistar 86805 authorizing a settlement and payment of a property tax refund covering 2022 and 2023; city staff said the refund will be paid to the property owner and allocated to taxing jurisdictions according to statutory shares, with the city's portion estimated at about $81,000.
The City of Madison Finance Committee on Feb. 3 unanimously approved Legistar 86805, authorizing settlement and payment of a property tax refund for tax years 2022 and 2023 and approving entry into a settlement agreement.
The action was moved, seconded and recorded as a unanimous vote. Council President Figueroa Cole presided over the meeting.
The committee heard a brief explanation from…
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