Committee backs village budget calling for 1.19% increase in levy

The Saukville Finance Committee on Monday recommended approval of a 2019 budget that would increase the tax levy by 1.19%.

Through a somewhat freakish reduction in property values, the tax rate would jump 19.91 cents per $1,000 of assessed valuation  to $7.14 per $1,000 of valuation, meaning  the owner of a $200,000 home would pay $1,428 in village property taxes, about $40 more than last year.

The levy would increase $35,358 to $3 million.