Taxpayers in the city and town of Port Washington will get a holiday gift this year â€” a tax bill that is lower than last year.
In the City of Port Washington, the owner of a house valued at $200,000 will pay $95.40 less in taxes this year, City Administrator Mark Grams said.
However, there will also be a new $44 annual recycling fee on the tax bill, bringing the overall decrease to $51.40, he said.
The owner of a $150,000 condominium that does not receive recycling pickup from the city would find his taxes decreasing by $71.55, Grams added.
And the owner of a business or manufacturing facility assessed at $500,000 would pay $238.50 less in taxes, he said, noting they would not be assessed the recycling fee.
The total tax rate in the city is decreasing almost 48 cents per $1,000 assessed valuation, Grams said.
Each of the taxing jurisdictions â€” the city, Ozaukee County, Port Washington-Saukville School District, technical college and state â€” had rates that were stable or lower than last
year, Grams said.
The largest decreases were 27 cents per $1,000 of assessed valuation for the city and 26 cents per $1,000 for the school district, he said.
This was offset somewhat because the school credit decreased from $18.95 last year to $18.47 this year, Grams added.
The cityâ€™s 2012 budget is $8.6 million, a decrease of 1.24% from this year. The budget is supported by a $4.7 million levy, 3.33% less than this yearâ€™s levy.
However, the levy for next year does not include recycling collection and the city also decided to end its shared-ride taxi program.
Residents will instead have to depend on Ozaukee Countyâ€™s shared-ride taxi for transportation services beginning next month.
Grams said the cityâ€™s tax bills will be printed by Ozaukee County next week.
â€śAll in all, Port Washington taxpayers should be pretty happy when their tax bills arrive in the next couple weeks,â€ť he said.
In the Town of Port Washington, the owner of a house valued at $200,000 would pay an estimated $2,796 in taxes, $12 less than the $2,808 paid last year, Town Clerk Jenny
The overall tax rate is down six cents per $1,000 assessed valuation, she said, from $14.04 last year to $13.98 this year.
The townâ€™s tax rate was up only one cent, from $2.21 per $1,000 to $2.22, she said.
The townâ€™s assessed valuation increased slightly, Schlenvogt said, from $201,454,700 last year to $201,736,300 this year.
On Monday, the Town Board formally approved the 2012 budget of $542,000, a decrease of about $5,000 from last yearâ€™s spending plan.
â€śWe had our annual meeting and presented the budget. Now itâ€™s time to adopt it,â€ť Town Chairman Jim Melichar said.
The town tax levy of $447,000 was approved by the electors last month. The levy is down slightly from last yearâ€™s $446,400.