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Subject: (Direct Referral) Communication from the Finance Director to discuss a personal property tax reimbursement arising from an adjusted assessed valuation by State of Wisconsin. (Res. No. 0301-16)
Recommendation of the Finance & Personnel Committee on 8/22/16: Personal property tax reimbursement arising from an adjusted assessed valuation by State of WIsconsin be paid to In-Sink-Erator per State Statutes.
Fiscal Note: Refund and Interest amount to approximately $33,965. The City's operational portion is approximately $18,645.