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HomeMy WebLinkAbout05-367.doc NOVEMBER 22, 200505-367RESOLUTION (CARRIED __6-1__ LOST _______ LAID OVER _______ WITHDRAWN _______) PURPOSE:ADOPT 2005 TAX RATES & LEVY INITIATED BY:CITY ADMINISTRATION WHEREAS, the Common Council of the City of Oshkosh has adopted the budget and set the tax levy for the operation of the City of Oshkosh; and NOW, THEREFORE, BE IT RESOLVED by the Common Council of the City of Oshkosh, the attached levies and combined rates for the City of Oshkosh are hereby approved for property outside the Algoma Sanitary District No. 1 and the Winneconne School District: State Tax 614,068 County Tax and All County Specials16,644,482 Oshkosh Area School22,766,095 Vocational Area School District 5,337,084 City of Oshkosh Operation9,161,254 Debt Service 15,161,61424,322,868 69,684,597 2005 COMBINED TAX RATE 2005 2004 ASSESSEDASSESSED INCREASE LEVY RATE RATE (DECREASE) State614,0680.180.26(.08) County Tax 16,644,4825.217.15 (1.94) Area Schools 22,766,0957.1210.44 (3.32) Area Vocational 5,337,0841.672.29(.62) City Tax 24,322,8687.6110.57 (2.96) TOTAL TAX LEVY & RATE COMPARISON 69,684,59721.79 30.71(8.92) State Credit 3,002,861 .88 1.30 (.42) 66,681,736 20.91 29.41(8.50) NOVEMBER 22, 200505-367RESOLUTION CONT’D BE IT FURTHUR RESOLVED by the Common Council of the City of Oshkosh, the attached levies and combined rates for the City of Oshkosh are hereby approved for property inside the Algoma Sanitary District No. 1: State Tax 614,068 County Tax and All County Specials16,644,482 Oshkosh Area School22,766,095 Vocational Area School District 5,337,084 City of Oshkosh Operation9,161,254 Debt Service 15,161,61424,322,868 Algoma Sanitary District No. 1 26,978 69,711,575 2005 COMBINED TAX RATE 2005 2004 ASSESSEDASSESSED INCREASE LEVY RATE RATE (DECREASE) State614,0680.180.26(.08) County Tax 16,644,4825.217.15 (1.94) Area Schools 22,766,0957.1210.44(3.32) Area Vocational 5,337,0841.672.29(.62) City Tax 24,322,8687.6110.57 (2.96) Algoma Sanitary District 26,978 .24 .31 (.07) TOTAL TAX LEVY & RATE COMPARISON 69,711,57522.0331.02(8.99) State Credit 3,002,861 .88 1.30 (.42) 66,708,714 21.15 29.72 (8.57) NOVEMBER 22, 200505-367RESOLUTION CONT’D BE IT FURTHUR RESOLVED by the Common Council of the City of Oshkosh, the attached levies and combined rates for the City of Oshkosh are hereby approved for property inside the Winneconne School District: State Tax 614,068 County Tax and All County Specials16,644,482 Winneconne School District 14 Vocational Area School District 5,337,084 City of Oshkosh Operation9,161,254 Debt Service 15,161,61424,322,868 46,918,516 2005 COMBINED TAX RATE 2005 2004 ASSESSEDASSESSED INCREASE LEVY RATE RATE (DECREASE) State614,0680.180.26(.08) County Tax 16,644,4825.217.15 (1.94) Area Schools148.3513.49(5.14) Area Vocational 5,337,0841.672.29(.62) City Tax 24,322,8687.6110.57 (2.96) TOTAL TAX LEVY & RATE COMPARISON 46,918,51623.0233.76(10.74) State Credit 3,002,861 .88 1.30 (.42) 43,915,655 22.14 32.46 (10.32)