The village of Brookfield will seek to extend its 2023 property tax by 6.1%.
Although the village seeks that extension, it is not likely to collect the full amount because of the state’s tax cap law for non-home rule municipalities such as Brookfield.
The law limits tax levy increases for non-home rule communities to 5% or the level of the consumer price index, whichever is less. The CPI for 2023 is 6.5%.
The village requests an increase of 6.1% to capture taxes on any newly developed property.
The village estimates the 2023 tax levy is around $13 million. This sum is 6.1% higher than the 2022 extended tax levy.
The proposed levy for police and fire operations, plus pension obligations amounts to about $8.4 million, about 64% of the levied amount. Taxes for village operations represent about $1.8 million, or 13% of the total levied amount.
The village board will conduct a public hearing Dec. 11 at 6:30 p.m. during which members of the public can provide comment.