Tuesday, September 27, 2011

Congratulations Brookfield, 7.6% Property Tax Decrease

Oh my. Shame! Shame! Shame! Tee hee....



Elmbrook likely to see 7.6 percent tax levy drop

By JULIE BECKER

Sept. 27, 2011

Residents of the Elmbrook School District can expect to pay less for the school portion of their 2011 property tax bills, following preliminary approval of the district's proposed 2011-12 budget.

Residents voted at the district's annual meeting Monday to set a tax levy of about $72 million, a 7.6 percent decrease from the 2010-11 tax levy.

That puts the 2011 tax rate at $9.75 per $1,000 of property value, down 8.8 percent from last year.

Based on equalized values, the owner of a $300,000 home can expect to pay $2,925 this year in school taxes - down from $3,207 in 2010. However, property taxes will vary depending on actual assessed values.

The motion to levy the annual tax was approved, 16-6, in an advisory vote by residents in attendance, which included School Board members.

The School Board will not officially vote on the budget until next month.