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HomeMy WebLinkAbout27. 14-528 NOVEMBER 25, 2014 14-528 RESOLUTION (CARRIED 7-0 LOST LAID OVER WITHDRAWN ) AMENDED BY CITY ADMINISTRATION PURPOSE: ADOPT 2014 TAX RATES INITIATED BY: CITY ADMINISTRATION WHEREAS, the Common Council of the City of Oshkosh has adopted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 636,199 County Tax and All County Specials 19,340,255 Oshkosh Area Schools 33,943,225 Vocational Area School District 3,890,900 City of Oshkosh: Operations 15,204,000 Debt Service 18,130,300 33,334,300 Total 91,144,879 2014 COMBINED TAX RATE 2014 2013 ASSESSED ASSESSED INCREASE LEVY RATE RATE (DECREASE) State 636,199 0.169 0.170 (0.001) County Tax 19,340,255 5.548 5.567 (0.019) Area Schools 33,943,225 9.737 9.154 0.583 Area Vocational 3,890,900 1.116 1.973 (0.857) City Tax 33,334,300 9.562 9.281 0.281 TOTAL TAX LEVY & RATE COMPARISON 91,144,879 26.132 26.145 (0.013) State Credit 4,881,683 1.293 1.277 0.016 86,263,196 24.839 24.868 (0.029) NOVEMBER 25, 2014 14-528 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 636,199 County Tax and All County Specials 19,340,255 Oshkosh Area Schools 33,943,225 Vocational Area School District 3,890,900 City of Oshkosh: Operations 15,204,000 Debt Service 18,130,300 33,334,300 Algoma Sanitary District No. 1 40,625 Total 91,185,504 2014 COMBINED TAX RATE 2014 2013 ASSESSED ASSESSED INCREASE LEVY RATE RATE (DECREASE) State 636,199 0.169 0.170 (0.001) County Tax 19,340,255 5.548 5.567 (0.019) Area Schools 33,943,225 9.737 9.154 0.583 Area Vocational 3,890,900 1.116 1.973 (0.857) City Tax 33,334,300 9.562 9.281 0.281 Algoma Sanitary District 40,625 0.267 0.272 �0.005) TOTAL TAX LEVY & RATE COMPARISON 91,185,504 26.399 26.417 (0.018) State Credit 4,881,683 1.293 1.277 0.016 86,303,821 25.106 25.140 (0.034) NOVEMBER 25, 2014 14-528 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 636,199 County Tax and All County Specials 19,340,255 Winneconne School District 38 Vocational Area School District 3,890,900 City of Oshkosh: Operations 15,204,000 Debt Service 18,130,300 33,334,300 57,201,692 2014 COMBINED TAX RATE 2014 2013 ASSESSED ASSESSED INCREASE LEVY RATE RATE (DECREASE) State 636,199 0.169 0.170 (0.001) County Tax 19,340,255 5.548 5.567 (0.019) � Area Schools 38 9.797 9.778 0.019 Area Vocational 3,890,900 1.116 1.973 (0.857) City Tax 33,334,300 9.562 9.281 0,281 TOTAL TAX LEVY & RATE COMPARISON 57,201,692 26.192 26.769 (0.577) WEState Credit 4,881,683 1.293 1.277 0.016 52,320,009 24.899 25.492 (0.593) **BOLD & ITALICS IND/CATES AMENDMENTS