2025 Budget
The Village of Marathon City has created a 2025 Budget Overview Document intended to provide citizens background on the 2025 General Fund Budget and key considerations for used to assemble the budget.
The Village decreased the total tax levy for the Village by 0.07% as allowed by state statute. Based on the decrease in assessed value of the Village in 2024, the mill rate for Marathon City will increase from 2023 at $7.411 per thousand of assessed value to 7.747 per thousand of assessed value for 2024 tax year.
As an example, a home with an assessed value of $200,000 will pay $1,549.38 dollars in Village Taxes for 2024 tax year due in 2025 (200,000/1000 = 100, 100*7.747 = $1,549.38). This is $67.18 more than the 2023 bill for the same $200,000 home.