September 8, 2023

To:County Clerks and Treasurers

Municipal Clerks and Treasurers

Special Districts

Technical Colleges

The Wisconsin Department of Revenue, State and Local Finance Division posted the final 2023 Municipal Debit Limit Report on our website

2023 Municipal Debit Limit Report

• Includes 2023 TID In and TID Out equalized values and debt limit
• Debt limit equals 5% of TID In equalized value
• Note: Municipalities and counties may include the most recent valuation of personal property exempt under sec. 70.111(27)(b), Wis. Stats., for the purposes of complying with debt limitations (sec. 70.111(27)(c), Wis. Stats.)

2023 WI Act 12 Law Change

New supplemental county and municipal aid payment

• Beginning with the distributions in 2024
• Review the calculation spreadsheet for details
• Aid must be used for – law enforcement, fire protection, emergency medical services, emergency response communications, public works, courts, and/or transportation
• Aid cannot be used for – administrative services. Note: DOR will provide a definition of administrative services in the near future

Questions?

Contact us at lgs@wisconsin.gov.