A bill that will prevent a large tax increase from going into effect in the Village of Warrens has been signed into law by Governor Scott Walker.
The bill will permit the village to correct an error made by the Department of Revenue in assessing the value of a TIF district.
The department undervalued TIF district number one in Warrens, allowing a lower short term tax break, but causing a nearly 100% increase in 2012. The bill allows Warrens to even out tax levies over two years.
The bill was co-sponsored by state senators Kathleen Vinehout and Julie Lassa. Vinehout is the current representative of the district. Under re-districting, Lassa will become the representative.