Advertisement “Some numbers (actual enrollment figures and property valuations) have to be finalized before the board meeting this week (set for Wednesday evening), but according to our projections it looks like the mill rate will be 9.46,” said District Superintendent Roger Foegen.
The mill rate last year was 9.68. The mill rate represents the amount of property taxes per $1,000 in property value. Under last year’s mill rate a taxpayer with a home valued at $100,000 would pay $968 in taxes.
“One of the things the board has tried hard to do is ensure that the mill rate stays relatively consistent — it’s been at 9.68 for the last three years,” Foegen said.
The total tax levy for the coming year is projected at $2, 092,376 as opposed to $2,074,590 last year. “That’s a difference of $17,736 or only about 1 percent. Considering that we’ve built a new addition and all the remodeling we’ve done, I’d say that’s pretty good,” Foegen said.
According to the state of Wisconsin, total tax valuation across the state has increased by 3 percent.
“For our purposes we’ve been using the 3 percent figure,” Foegen said. “If the valuation turns out to be higher than that, then the mill rate will go down — if it’s lower then it would rise.
“Still, it’s possible that, despite all the improvements we’ve made to the school, the mill rate could go down,” Foegen said.
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