County treasurer says housing market can fluctuate, but taxes fairly stable
"The economy is tough. The (real estate) market is tough. Why aren't my taxes going down?"
St. Croix County Treasurer Cheryl Slind said that's the question she has been hearing ever since property tax bills went out earlier this month.
While the market value of many houses probably has dropped, it takes time for the assessment and equalized value processes to catch up, said Slind. Besides, she said, the drop is likely temporary.