Wisconsin taxing districts (municipalities, schools, counties, etc.) set their budgets in the fall, usually November. After each district has set its levy for the next year, property taxes are calculated and bills are prepared. This means bills are usually received by taxpayers in early- to mid-December.

Because of the deductability of property tax on federal income taxes, many property owners pay all of the bill by December 31. However, all that is required is that the first installment be paid by January 31. The first installment is usually about one-half of the total due and is paid directly to the City of Monona. For those who choose to pay in two installments, the second installment is due by July 31, and a statement for the installment is mailed in May. The second installment must be paid to the Dane County Treasurer.

• The second installment of your property taxes (if you chose to pay in two installments) must be made payable to the Dane County Treasurer at P.O. Box 1299, Madison, WI 53701-1299