Janesville37.5°

School tax rises less than 3 percent

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FRANK J. SCHULTZ
October 29, 2008
— The schools portion of upcoming Janesville property tax bills will be a bit smaller than expected.

The school board set the levy Tuesday night on a 9-0 vote.


School taxes are going up, but it could have been much worse. The administration had proposed an 8.9 percent levy increase.


The board in August made cuts and other budget adjustments to save $1.75 million, yielding an estimated 3.7 percent increase.


Board members said they wanted to ease the tax burden as much as possible during difficult economic times.


The $34.19 million levy the board approved Tuesday represents a 2.95 percent increase.


The final 2.95 percent figure was the result of greater state aid than originally projected, said board member Tim Cullen.


The taxes on a home with the average fair-market value of $140,875 was projected to be $985.41, an increase of $15.68 from last year's average house.


That estimate is based on equalized value, however. Actual taxes, which are levied on assessed value in a particular municipality, will vary.



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