If you're like most people around the area you've probably already received your property tax bill.
Some residents in Madison saw their bills actually go down this year.
The property tax freeze and the lottery credit combined to decrease the mill rate.
That means the only way your taxes can go up is if the assessed value of your home goes up.
City of Madison Treasurer Jo Ann Terasa says, "The assess value would be the determining factor in your increase. If the average single family home went up 8.3% in 2006 - so with the 5.21% decrease, you won't see a decrease in your taxes."
If you want to claim your property taxes on next years' income tax return you need to pay the bill by December 30th because the post office isn't open on New Year's Eve.
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