Cuts to Elm Grove's state aid will be deeper than expected under Gov. Scott Walker's proposed budget bill, according to reports from the Wisconsin Legislative Fiscal Bureau.
The bill would cut shared revenues to municipalities by an average of 8.5 percent.
The exact amount each community would lose is based on population and assessed value, however. Elm Grove, with a relatively low population and high assessed value, stands to lose the maximum - 50 percent of its shared revenue, according to the bureau.
That will cost the village $53,500, significantly more than if Elm Grove's cut was closer to the average, which would have been a $9,000 hit to village coffers.
Transportation aid would also be cut at the maximum level - 15 percent, a loss of $85,756.
The new information is to be presented to the Village Board tonight. Check back with ElmGroveNOW.com for updates from that meeting.
E-mail Newsletter
Your link to the biggest stories in the suburbs delivered Thursday mornings.
Enter your e-mail address above and click "Sign Up Now!" to begin receiving your e-mail newsletter
Get the Newsletter!
More from News and Features
- Business Calendar: May 16-29
- Trading places: Student officers learn about crime scenes and evidence collection
- Brookfield mother, daughter create worldwide fundraiser to help Boston Marathon victims
- Police report: May 21
- Despite Elm Grove residents' concerns, Juneau Pathway approved Monday
- Brookfield and Elm Grove police join national Click It or Ticket campaign
- Pilgrim Park students' rocket takes first at regional competition
- Water main project in Elm Grove could cause delays
- In Our Schools: May 20
- News & Notes: May 20
This site uses Facebook comments to make it easier for you to contribute. If you see a comment you would like to flag for spam or abuse, click the "x" in the upper right of it. By posting, you agree to our Terms of Use.