Closing Out Sale License.
Milwaukee Code of Ordinances § 60-16
in effect60-16. Closing Out Sale License.
1. FEE. The fee for each license shall be the total of 2 charges:
a. The base charge shall be computed in accordance with the following schedule:
a-1. For a period not exceeding 15 days: $52.
a-2. For a period not exceeding 30 days: $99.
a-3. For a period not exceeding 60 days: $151.
b. An additional charge shall be paid based upon the value of the inventory, computed at the rate of $2 per $1,000 of the cost price shown in the inventory filed in accordance with s. 88-1-3.
2. TAX DEPOSIT. An applicant shall pay a deposit in an amount that is sufficient to pay all personal property taxes that will be levied or assessed during the sale. Such deposit shall be used to pay personal property taxes.
3. EXTENSION OF TIME. A supplemental fee is required in addition to the regular license fee if an extension of time is granted pursuant to s. 88-1-4. The supplemental fee shall be $47 per day. (See s. 88-1.)
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-1/CH60.pdf#page=3Fetched: 10/26/2026