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2010 tax rate down slightly
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MONROE - Monroe property owners will see their city property tax rate go down 3 cents compared to last year.

The 2009 mil rate stands at $10.40 per $1,000 of assessed property value, representing a 0.288 percent drop from 2008.

Mayor Ron Marsh released the information during the Monroe Common Council meeting Tuesday.

The 2009 mil rate means the owner of a home assessed at $100,000 will pay $1,040 in city property taxes, payable in 2010.

The owner of $150,000 home will pay $1,560.

Marsh noted that the city is the only taxing entity that reduced its mil rate for Monroe residents this year, and he said the council has "held the mil rate in check for the last three years."

In a comparison chart provided by the city, Green County taxes will increase about 9.5 percent, school district taxes will increase about 1.2 percent, Blackhawk Vo-Tech taxes will increase about 1.7 percent, and state taxes will remain unchanged.

After a $2.02 state credit, property owners in the city of Monroe will see a total mil rate of $28.62, which is about a 2.6 percent increase over last year.