The Appleton Area School District is set to adopt a budget that reflects a significant decrease in the tax levy for the upcoming year. During the annual budget presentation and public hearing held on October 28, 2024, district officials announced a total tax levy of $75.8 million, which is down $2.3 million from the previous year. This reduction is attributed to a combination of factors, including an increase in property values and adjustments in state equalization aid.

The proposed mill rate for the district is projected to be $6.10 per $1,000 of property value, marking the lowest rate in 40 years, according to data tracked by the Department of Public Instruction. This decrease in the mill rate is expected to provide some financial relief to property owners within the district, as the tax burden is lessened while property values continue to rise.

Key components of the budget include $14.8 million allocated for debt and $2.28 million for community services. The district is required to finalize the budget and certify the tax levy by November 1, with these items already on the board's agenda for immediate action following the meeting.

The budget details, including a breakdown of funds and historical tax levy amounts, are available in the budget booklet provided to attendees. This transparency aims to keep the community informed about how their tax dollars are being allocated and the financial health of the school district.

As the district moves forward with these budgetary decisions, residents can anticipate a continued focus on maintaining quality education while managing fiscal responsibilities effectively. The next steps will involve the board's formal adoption of the budget, ensuring that the district is prepared for the upcoming fiscal year.