School Taxes Drop With Increased State Aid
The Whitefish Bay School District was able to turn an anticipated tax increase into a slight tax decrease after receiving more state aid than expected.
Having received more state aid than expected, the Whitefish Bay School District used the extra money from the state to lower property tax bills for residents. In September, Whitefish Bay voters approved a $21.8 million tax levy that would have increased taxes by $142 over last year for the owner of a home assessed at $400,000. The district had conservatively budgeted for a $269,000 decrease in state aid this year, but now that the state has certified a $479,260 state aid increase, the district had an additional $748,260 in its pocket to help out taxpayers. As a result, the School Board Tuesday certified an amended $21.1 million tax levy that cuts an additional $156 from the tax bill for a $400,000 home. The levy amounts to a roughly 0.2 …
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Robert
3:37 pm on Sunday, October 28, 2012
Wow , the silence is deafening. Must be because there are 70 students in every class room , all the teachers starved to death and are homeless.The water, electricity and gas got shut off. Everyone had to walk home barefoot in the snow uphill and eat squirrels. more ›