Waupaca council approves city budget
By Angie Landsverk
The city’s tax rate will be $9.67 per $1,000 of assessed valuation.
That is a 4.3 percent decrease from the present mill rate of $10.10.
However, the owner of a $100,000 home in the city will pay $34.24 more in total taxes.
That is because while the city’s tax rate is lower, the tax rates of the other taxing authorities – Waupaca County, the Waupaca School District and Fox Valley Technical College – are all higher to support their 2018 budgets.
The county’s rate went from $6.24 to $6.71, the school district’s from $10.62 to $11.08 and FVTC’s from $1.08 to $1.11 per $1,000 of assessed valuation.
The tax bill city residents received a year ago included a state tax rate of 16 cents.
The state eliminated that tax, so there will not be a state tax rate on this year’s tax bill.
Taxpayers will also see school levy ($1.77), first dollar ($73.35) and lottery credits ($128.36) on their tax bills.
After those credits are deducted, the owner of a $100,000 home in the city will see a total tax bill of $2,478.29.
That compares to the $2,444.05 that same homeowner saw a year ago.
The Waupaca Common Council approved the city’s 2018 expenditure budget of $6.93 million by a vote of 8-0 when it met on Nov. 21.
Lori Chesnut and Alan Kjelland were absent.
Next year’s expenditure budget is down .6 percent from this year’s budget of $6.97 million.
The approved budget will be supported by a $3.3 million levy, which is down 4.47 percent from the city’s present levy of $3.5 million.
The city’s $3.3 million levy includes $1.8 million for its General Fund, $10,000 for the Transit Fund, $60,000 for the Airport Fund, $352,554 for the Library Fund and $1.134 million for its Debt Service Fund.
A public hearing on the city’s 2018 budget took place prior to last week’s common council meeting.
No members of the public spoke during the hearing.
“It’s a good budget,” Kathy Kasza, the city’s finance director and treasurer said, noting there is no increase on the city’s side of the mill rate.
Mayor Brian Smith thanked Kasza and the city’s department’s head for their work during the budget process.
He said they did a great job and put the taxpayers first.