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Rhinelander's Property Values Rise, Taxes Hold Line

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Local governments are putting together their budgets for next year and the city of Rhinelander came up with a pleasant surprise.

Like many municipalities, the city struggled to keep services during the Great Recession when property values were plummeting. Taxes rose because of the loss of revenue.

But this year City Council Finance committee chair Mark Pelletier says something interesting happened. He says the budget went up slightly, but it shouldn't be seen in the city's portion of the tax bills...

"...for the first time in a few years, it must be a changing of the economy, the valuation of (property) in the city has started to rise. So I think the slump is over. The mill rate will drop this year..."

The cost to a homeowner in a $100,000 home will go down about $7 dollars this year. The full council will take up the budget tonight.

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