Delinquent Tax Fund.
Milwaukee Code of Ordinances § 304-30
in effect304-30. Delinquent Tax Fund.
1. FUND CREATED. There is created a fund authorized by s. 65.07(1)(i), Wis. Stats., to be known as the delinquent tax fund. Such fund shall be a reserve against uncollected delinquent real estate and personal property taxes. Neither the fund nor appropriations from the fund shall increase expenditures authorized under s. 18-06, charter.
2. SOURCE OF REVENUE. The fund shall have the following sources of revenue:
a. Taxes levied for purpose of the fund.
b. Proceeds of general obligation promissory notes issued for delinquent taxes.
c. Delinquent real and personal property tax revenues collected after the last day of the year in which such taxes were levied. Such taxes are specifically appropriated to the fund and pledged to the payment of debt service on outstanding general obligation promissory notes issued for delinquent taxes.
d. Such other amounts as may be appropriated to the fund by the common council from time to time.
3. APPROPRIATIONS. Fund revenues are appropriated on an annual basis in the following order of priority:
a. To the general fund to reimburse for uncollected delinquent real and personal property taxes as of the close of business on the last day of the year.
b. To the debt service fund to provide for annual debt service on general obligation promissory notes issued for delinquent taxes.
4. ADMINISTRATION. The city comptroller is authorized and directed to make fund transfers in accordance with appropriations made by this section. It is the instruction of the common council that the fund cash balance be closed out annually. The city comptroller is authorized and directed to prescribe accounting for the fund.
Source: City of Milwaukee Legislative Reference Bureau, Milwaukee City Charter and Code of Ordinances (city.milwaukee.gov master PDFs)URL: https://city.milwaukee.gov/ImageLibrary/Groups/ccClerk/Ordinances/Volume-3/CH304.pdf#page=17Fetched: 10/26/2026