Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
West Bend School District projects flat mill rate as budget, state aid shifts reshape tax impact
Summary
A West Bend School District staff member outlined how a projected flat mill rate of $6.14 for 2025-26 and changes in state aid and local property growth could leave individual homeowners facing higher, lower or unchanged tax bills depending on local assessments and municipality-level value changes.
A West Bend School District staff member said the district’s proposed 2025-26 budget will be finalized at the Oct. 27 school board meeting and that the district currently projects a flat mill rate of $6.14.
The staff member told residents that a flat mill rate does not guarantee an unchanged property tax bill for individual owners, saying: "The short answer is not necessarily. Your individual property tax bill can go up or down or stay the same if the mill rate stays flat." The presentation explained that four factors determine an individual tax bill: the owner’s assessed property value, the municipality’s total property value, how that municipality’s value changes relative to others inside the district, and the amount of levy set by taxing authorities.
Why it matters: The presentation synthesized…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
