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HomeMy WebLinkAbout33. 13-534 R E V I S E D NOVEMBER 26, 2013 13-534 RESOLUTION (CARRIED ___7-0___ LOST _______ LAID OVER _______ WITHDRAWN _______) PURPOSE: ADOPT 2013 TAX RATES INITIATED BY: CITY ADMINISTRATION WHEREAS, the Common Council of the City of Oshkosh has adopted the budget and set the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. 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 637,971 County Tax and All County Specials 19,215,346 Oshkosh Area School 31,595,334 Vocational Area School District 6,808,053 City of Oshkosh Operations 14,326,700 Debt Service 17,704,300 32,031,000 Total 90,287,704 2013 COMBINED TAX RATE 2013 2012 ASSESSED ASSESSED INCREASE LEVY RATE RATE (DECREASE) State 637,971 0.170 0.171 (0.001) County Tax 19,215,346 5.567 5.890 (0.323) Area Schools 31,595,334 9.154 8.892 0.262 Area Vocational 6,808,053 1.973 1.982 (0.009) City Tax 32,031,000 9.281 8.937 0.344 TOTAL TAX LEVY & RATE COMPARISON 90,287,704 26.145 25.872 0.273 State Credit 4,802,768 1.277 1.257 0.020 85,484,936 24.868 24.615 0.253 REVISED NOVEMBER 26, 2013 13-534 RESOLUTION CONT'D BE IT FURTHER 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 637,971 County Tax and All County Specials 19,215,346 Oshkosh Area School 31,595,334 Vocational Area School District 6,808,053 City of Oshkosh Operations 14,387,700 Debt Service 17,704,300 32,092,000 Algoma Sanitary District No. 1 • 40,457 Total • 90,389,161 2013 COMBINED TAX RATE 2013 2012 ASSESSED ASSESSED INCREASE LEVY RATE RATE (DECREASE) State 637,971 0.170 0.171 (0.001) County Tax 19,215,346 5.567 5.890 (0.323) Area Schools 31,595,334 9.154 8.892 0.262 Area Vocational 6,808,053 1.973 1.982 (0.009) City Tax 32,092,000 9.298 8.937 0.361 Algoma Sanitary District • 40,457 • .272 .271 • 0.001 TOTAL TAX LEVY & RATE COMPARISON • 90,389,161 • 26.434 26.143 • 0.291 State Credit • 4,802,768 • 1.277 1.257 • 0.020 • 85,586,393 • 25.157 24.886 • 0.271 REVISED NOVEMBER 26, 2013 13-534 RESOLUTION CONT'D BE IT FURTHER 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 637,971 County Tax and All County Specials 19,215,346 Winneconne School District 18 Vocational Area School District 6,808,053 City of Oshkosh Operations 14,387,700 Debt Service 17,704,300 32,092,000 Total 58,753,388 2013 COMBINED TAX RATE 2013 2012 ASSESSED ASSESSED INCREASE LEVY RATE RATE (DECREASE) State 637,971 0.170 0.171 (0.001) County Tax 19,215,346 5.567 5.890 (0.323) Area Schools 18 9.778 9.562 0.216 Area Vocational 6,808,053 1.973 1.982 (0.009) City Tax 32,092,000 9.298 8.937 0.361 TOTAL TAX LEVY & 58,753,388 26.786 26.542 0.244 RATE COMPARISON State Credit • 4,802,768 • 1.277 1.257 • 0.020 • 53,950,620 • 25.509 25.285 • 0.224 • Indicates Revisions