Welcome to Florence, Wisconsin

Property Taxes

Paid to the Town (shared 07-16-26) Last week’s Florence Facts article was called Property Tax Levies 101. It was a short article to begin explaining the overall tax levy and how it is connected to property tax bills. When you look at your property tax bill, there is a lot of information on it. It shows you approximately what you pay to each jurisdiction, and we will look in depth at the Town.

Did you know that when you look at your tax bill you can see the breakdown that shows each of the four different levies that make up the overall Town of Florence levy? Your tax bill lists the “Taxing Jurisdictions” of Florence County, Florence Schools, Town of Florence and the VTAE district, which is the tech school, NWTC. Each entity receives a portion of each tax bill.

Did you know that the levy for a jurisdiction is also called the mill rate? In Wisconsin, a mill rate is the amount of the jurisdictions total tax levy divided by the total assessed value of all taxable property within the jurisdiction. In order to determine the overall tax rate, we add each of the individual mill rates to get an overall total for the Town. It is expressed in mills per $1,000 of assessed value. To calculate the tax bills, we multiply the mill rate by the assessed value.

Did you know that if you look at the details on your tax bill, you can see how much of your tax payment gets paid to each jurisdiction? If you look at the details, you can see how much of your tax payment goes to each jurisdiction. In 2025 the overall mill rate for the Town of Florence was approximately $17.19 for every $1,000 of assessment value. Breaking it down further, out of that $17.19 approximately $8.38 went to the school, $6.48 went to the County, $1.68 went to the Town and $0.64 went to NWTC.

Looking at some examples in the bigger picture: - for a property assessed at $100,000, the overall tax bill would be $1,718.56 with the Town of Florence receiving $168.22 of the payment - for a property assessed at $250,000, the overall tax bill would be $4,296.40 with the Town of Florence receiving $420.54 of the payment - for a property assessed at $500,000, the overall tax bill would be $8,592.79 with the Town of Florence receiving $841.08 of the payment - for a property assessed at $750,000, the overall tax bill would be $12,889.19 with the Town of Florence receiving $1,261.63 of the payment - for a property assessed at $1,000,000, the overall tax bill would be $17,185.58 with the Town of Florence receiving $1,682.17 of the payment

Did you know that the levy rate for the Town of Florence has been fairly consistent over the last 9 years? Looking back to 2017, the Town of Florence levy was $2.78 per thousand dollars of assessment value. It increased to $2.81 in 2018 & 2019. In 2020, it went to 2.83; 2021 to 2.84, and then the highest was in 2022 & 2023 at 2.85. In 2024, the Town of Florence mill rate actually dropped to $1.66 per thousand dollars of assessed value. Last year, it increased by only two cents for $1.68.

Did you know that there are also credits that help offset the burden of property taxes? Next week’s Did You Know Florence Facts article will talk about the various credits that are available and get applied to property tax bills. You can find all of our Florence Facts articles online at www.townofflorencewisconsin.com.