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Saukville
Town OKs minuscule budget hike PDF Print E-mail
Community
Written by MARK JAEGER   
Wednesday, 16 November 2011 18:28

Officials say local tax rate will increase just one cent under 2012 spending plan


If there was a theme to the 2012 Town of Saukville budget approved Monday by the Town Board, it would be “steady as she goes.”

Town officials approved a spending plan of $539,487, which represents a 5.64% decrease from last year. Last year’s expenditures were $571,745.

Despite the drop in spending, the town’s tax levy was raised ever so slightly to make up for losses of other revenues.

The 2012 town tax levy will be $399,897, compared to the 2011 levy of $395,215.

The town budget projects approximately $8,000 less in shared revenue from the state and $25,000 less in road aids from the county.

Although the town has yet to receive final property valuations from the state that are used in determining the tax rate, the estimated tax rate to support the new budget is $1.94 per $1,000 of property value.

That rate is about one cent higher than last year, meaning the owner of a home valued at $200,000 would pay $2 more in town taxes.

Approximately a dozen town residents attended the hearing on the budget, unanimously supporting the proposed levy needed to cover the plan.

The Town Board then followed suit, unanimously approving the budget.

 
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