Milwaukee TO Assess Billboards

The fight is on! 

City of Milwaudkee wants to  assess billboards in a different manner costing outdoor firms
$1.26 increase under new assessment plan. Clear Channel Outdoor a nd Lamar Outdoor fighting back. .

Clear Channells's tax bill was $110,000 per year and could be raised to $1.13 million.!  Assessors want bigger bite of the income pie.

Clear Channell is clealy unhappy as it now need every peeny in revenue to stay alive. Wall Street willbe watching this closely as shareholders are going to become very upset if CC's revenues drop even more than they have.

Proeprty owners everywhere  who lease locations to outboor-billboard firms now must be alert that outdoors firms don't   try to flip assessment tax to property owners.

Bill McInerney
617 816 3933

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