Do the revenue and cost projections in the merger study include the sunset of the TIF district in the Village?
Yes. The TIF district in the Village closed on January 1, 2010. The property value in the Tax Incremental District (TID) has been factored into the merger study analyses. 36. After the sunset clause expires in 10 years, what will the estimated tax rate be for a merged city and what is the current and estimated tax rate in 10 years of both the village and city if a merger does not occur? Also please provide the current tax rate for both the city and village. There are a number of factors that could impact future tax rates, such as a Street Utility District (SUD) or contribution of Village utility reserves. Without an SUD and utility reserves, the estimated tax rate, based on 2010 Village and City budgets, for a merged Pewaukee would be $3.07 per $1,000 fair market value. With an SUD and utility reserve funds, the tax rate would be $2.52 per $1,000 fair market value for the City and $2.85 per $1,000 fair market value for the Village. Under the proposed plan, the Village of Pewaukee would
