Politics & Government

School Board Being Asked to Adopt Budget

The proposed 2011-12 Waukesha School District budget would reduce taxes.

The Waukesha School Board will be asked to adopt the 2011-12 budget, tax levy and debt service levy during its meeting at 7 p.m. Wednesday at the 222 Maple Ave. The budget approval is subject to final numbers and modifications coming forward in October after the school district concludes it’s third Friday of September enrollment count.

With this budget, the school district’s total tax levy will decrease by 2.9 percent for 2011-2012, from $86.3 million in 2010 to $83.8 million for 2011.

Based on an estimated 2 percent decrease in equalized property values, the resulting tax rate would decrease from $9.34 to $9.26 per $1,000 of equalized assessed value. For a house with a fair market value of $200,000, that would result in $1,852 in taxes for the school district on the tax bill.

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The school district budget includes $44.9 million projected state aid, based on an estimate provided by the state. This is a reduction of $5.1 million from last year and includes a special aid adjustment of $10.2 million to soften the loss of state funding. The revenue cap – the fixed amount of revenue a school district is allowed, which therefore limits spending – was also decreased, by about $558 per student, with a total reduction of $6.5 million, or 4.9 percent, from last year.


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