Platteville School District property taxpayers will be paying more in school property taxes than one year ago, but less than estimated two months ago.
An increase in school aid approved by the Legislature earlier this month resulted in the school district’s receiving $87,000 more in state aid.
That in turn dropped the projected property tax levy 1.2 percent, to $8.4 million, including property taxes on the school district’s debt.
As a result, the mil rate will be $11.35 per $1,000 assessed valuation — more than the $11.29 per $1,000 one year ago, but less than the $11.44 per $1,000 estimated at the school district’s annual meeting Aug. 26.
The owner of a house assessed at $150,000 will pay $1,702.50 in school property taxes, up from $1,693.50 last year.
School taxes went up from last year because of a 2.23 percent increase in the school district budget and a 0.07-percent drop in the school district’s equalized value.
The annual certification of the tax levy is based on three numbers — the third-Friday-in-September pupil count, school district property value, and state certified equalized aid. The Legislature’s special session delayed the third figure past its Oct. 15 deadline.