Residents with a house valued at $227,000 will pay $28 more a year in property taxes, under a budget approved Tuesday night by the Village Board.
That amount reflects a 1.8 percent increase in the tax rate. This year's rate was $6.94 per $1,000 of equalized value; next year, the rate will be $7.07.
The levy supports a 2012 spending plan of $7.9 million, an increase of 2.5 percent over this year's budget of $7.7 million. Property taxes, for village purposes, will increase by 4.8 percent, from $4.7 million this year to $5 million next.
Because state aid is declining, Village Board member expressed dismay that assuming added fiscal responsibility would negatively impact taxpayers.
Case in point: The state has reduced its recycling funding to the village by 35 percent. The result is an 11 percent increase - to $193.74 a year - in refuse collection fees homeowners would pay.
Your link to the biggest stories in the suburbs delivered Thursday mornings.
Enter your e-mail address above and click "Sign Up Now!" to begin receiving your e-mail newsletter Get the Newsletter!
- Dr. Seuss' birthday celebrated at Oak Creek library for Family Fun Night
- Got stuff? The Clutter Coach is coming to Oak Creek to help
- Oak Creek police report: Feb. 26, 2015, issue
- City divided on addition of Chick-fil-A at Drexel Town Square in Oak Creek
- OCFSD considers more than $1 million in proposed capital improvements
- Milwaukee County Transit expands bus service to Oak Creek
- Sikh Temple shooting examined in one-hour documentary Monday
- Voters in Oak Creek-Franklin and Greendale decide candidates for April 7 election
- Oak Creek police report: Feb. 19, 2015, issue
- Four OCFSD school board candidates advance to April's general election