LOCAL SCHOOL LEVIES DOWN
Thursday, October 27th, 2011 -- 8:24 AM
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[/url]The public school portion of your property tax bill should go down this year.Granton, Greenwood, Loyal and Neillsville school boards all approved tax levy decreases for the 2011-12 school year. Neillsville?s mill rate will increase because of a substantial drop in property value.
Loyal will enjoy the most drastic drop, as their levy will sink $131,200 (8.75%) to $1,368,800. The tax rate will drop 5.76% to $8.01 per thousand dollars of property.
Greenwood?s tax rate will be one cent less than in 2010 at $11.98. Granton's mill rate will be six cents lower at $12.45.
Neillsville?s property valuation plummeted by $9 million, so even though their levy will decrease by nearly $17,000, the tax rate will jump by fifteen cents to $9.04 per thousand dollars of property.
Feel free to contact us with questions and/or comments.