Milwaukee Aldermen Peter Burgelis and Robert J. Bauman spoke after a Finance and Personnel Committee meeting about the financial impact of the downtown streetcar system. Alderman Burgelis said, “Today’s discussion made clear that we need to separate headlines from hard numbers,” referring to city data, according to the City of Milwaukee.
The City Assessor’s 2025 Revaluation Report shows that property values in Milwaukee rose by an average of 15 percent. The downtown area, which includes the streetcar route, saw a 16.46 percent increase in assessed values, as reported by the City of Milwaukee…