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82-cent hike in Kettle Moraine School District tax bill

Big drop in state aid raises district tax rate

Oct. 31, 2012

Dealt one of the largest reductions in state aid of almost any district in the state, while facing declining enrollment, lower property values and a reduced revenue limit, Kettle Moraine School District residents will see an increase in the tax rate of 82 cents per $1,000 of assessed value for the 2012-13 school year.

State aid is the lowest the district has seen since 1995-96, according to Chief Business Officer Susan Graham.

The district approved general fund expenditures of $45 million for 2012-13, up about 3.4 percent over the 2011-12 budget of $43.5 million. The increase in spending, coupled with a 15-percent decline in state aid shifted more of the burden onto taxpayers. The tax levy for 2012-13 is $33.6 million, up about 4.5 percent over the 2011-12 levy of $32.1 million.

Additionally, a nearly 4-percent reduction in property values coupled with the increase in the tax levy, leaves taxpayers with a tax rate 82 cents higher per $1,000 of assessed value than last year. The 2012-13 tax rate is $10.22 per $1,000, which is 8.7 percent higher than the 2011-12 tax rate of $9.40 per $1,000.

"Operationally, the budget has remained unchanged for the past six years," Graham said. "We're constantly trying to outperform our budget."

The budget was balanced through realigning resources to support the district vision of learning without boundaries, changes to insurance plan designs and bidding out health, dental, life and disability insurance. The final levy figures were only about $3,000 more than what was presented at the annual meeting, Graham added.

According to Graham, the impact on property taxes will depend on the assessed values placed on homes. If the value remains unchanged, a home valued at $350,000 will receive a potential tax increase of $357, while if the same home's value drops by nearly 4-percent the potential tax increase would be $220 per $1,000 of value.

"One would assume that since the equalized value came in reduced, so would some of the property values, but not necessarily at the same rate," Graham explained.

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Weekend Happenings

Featured this week:  

The Art of the Bicycle: 11 a.m. Nov. 21, 26, Delafield Arts Center, 719 Genesee St., Delafield. Diane Lehman, Peter Kudlata and Wheel & Sprocket. Gallery hours are 11 a.m.-4 p.m. Wednesday through Friday and 11 a.m.-3 p.m. first and third Saturdays and by appointment, Free www.delafieldartscenter.org.

Organ Concert: 1:30 p.m. Nov. 21, St. Jerome Catholic Church, 995 S. Silver Lake St., Oconomowoc. Oconomowoc Music Club is hosting a concert by renowned organist Dr. Simone Gheller. Refreshments will be served after the concert. Free.

Yuletide Faire: 5-9 p.m. Nov. 21; 9 a.m.-3 p.m. Nov. 22, Prairie Hill Waldorf School, N14-W29143 Silvernail Road, Pewaukee. $4 in advance or $5 at the door for adults and $1 in advance or $2 at the door for children under 15. Features strolling minstrels and costumed characters, puppet shows, storytelling, candle dipping, face painting, children’s craft workshops, children’s holiday shopping, live music, silent auction, children’s book sale, natural toys, 35 vendors, warm food, homemade desserts, candies, nuts and other treats. 

Fashionable Tidings Gala Luncheon: 11 a.m.-2 p.m. Nov. 22, Country Springs Hotel, 2810 Golf Road, Pewaukee. Holiday fashions of local clothiers Paul Bruce Goodman and Liebling Leather. Music by Brusubardis String Ensemble. Lunch includes shrimp scamp and angel hair pasta with vegetables provencale. Wine tasting  and auction. Benefits Waukesha Choral Union. $35. Call (414) 297-9310 for tickets. www.choralunion.org.

Updates to this calendar are made weekly Monday afternoon. 

 

All weekend happenings.