Property owners in the Waukesha School District are expected to pay less this year after state aid is projected to increase for area schools for the 2013-14 school year.
The proposed budget includes a $79.05 million property tax levy, which is a decreased from the $82.16 million levied for last school year. Waukesha School District taxes were at $83.89 million for the 2011-12 school year.
The tax rate is expected to be $9.38 per $1,000 of equalized property, a 2.15 percent decrease from the $9.59 per $1,000 of equalized property for the 2011-12 school year. That change means a $42 decrease for an equalized property value of $200,000 in taxes – $1,918 in 2012 compared to $1,876 in 2013.
A public hearing on the 2013-14 budget is set for Sept. 11 during the Waukesha School Board meeting.
The proposed budget includes an overall 3.78 percent reduction in property taxes for 2013..
Sixty-seven percent of the budget is salary and fringe benefits, according to School Board Member Joe Como. A school district document states the district is budgeting for a 1.43 percent increase to its salary budget and a 3.09 percent reduction to its fringe benefits budget. The change results in a combined .08 percent increase to the budget for salaries and fringe benefits.
The Waukesha School District is anticipating a $3.08 million increase in state for the 2013-14 school year, according to school district documents.
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