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HomeMy WebLinkAbout32. 17-587 NOVEMBER 28, 2017 17-587 RESOLUTION (CARRIED 7-0 LOST LAID OVER WITHDRAWN ) AS AMENDED PURPOSE: ADOPT 2017 TAX RATES INITIATED BY: CITY ADMINISTRATION WHEREAS, the Common Council of the City of Oshkosh has adopted the budget and set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 0 County Tax and All County Specials 19,253,275 Oshkosh Area Schools 35,051,183 Vocational Area School District 3,962,683 City of Oshkosh: Operations 26,695,100 Debt Service 11,166,600 37,861,700 Total $ 96,128,841 2017 2016 ASSESSED ASSESSED INCREASE LEVY RATE RATE (DECREASE) State 0 0.000 0.170 (0.170) County Tax 19,253,275 5.369 5.415 (0.046) Area Schools 35,051,183 9.774 10.131 (0.357) Area Vocational 3,962,683 1.105 1.116 (0.011) City Tax 37,861,700 10.558 10.344 0.214 TOTAL TAX LEVY& RATE COMPARISON 96,128,841 26.806 27.176 (0.370) State Credit 6,681,082 1.732 1.563 0.169 89,447,759 25.074 25.613 (0.539) NOVEMBER 28, 2017 17-587 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 0 County Tax and All County Specials 19,253,275 Oshkosh Area Schools 35,051,183 Vocational Area School District 3,962,683 City of Oshkosh: Operations 26,695,100 Debt Service 11,166,600 37,861,700 Algoma Sanitary District No. 1 42,865 Total $ 96,171,706 2017 2016 ASSESSED ASSESSED INCREASE LEVY RATE RATE (DECREASE) State 0 0.000 0.170 (0.170) County Tax 19,253,275 5.369 5.415 (0.046) Area Schools 35,051,183 9.774 10.131 (0.357) Area Vocational 3,962,683 1.105 1.116 (0.011) City Tax 37,861,700 10.558 10.344 0.214 Algoma Sanitary District 42,865 0.268 0.269 (0.001) TOTAL TAX LEVY& RATE COMPARISON 96,171,706 27.074 27.445 (0.371) State Credit 6,681,082 1.732 1.563 0.169 89,490,625 25.342 25.882 (0.540) NOVEMBER 28, 2017 17-587 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 0 County Tax and All County Specials 19,253,275 Winneconne School District 22 Vocational Area School District 3,962,683 City of Oshkosh: Operations 26,695,100 Debt Service 11,166,600 37,861,700 Total $ 61,077,680 2017 2016 ASSESSED ASSESSED INCREASE LEVY RATE RATE (DECREASE) State 0 0.000 0.170 (0.170) County Tax 19,253,275 5.369 5.415 (0.046) Area Schools 22 8.634 8.605 0.029 Area Vocational 3,962,683 1.105 1.116 (0.011) City Tax 37,861,700 10.558 10.344 0.214 TOTAL TAX LEVY& RATE COMPARISON 61,077,680 25.666 25.650 0.016 State Credit 6,681,082 1.732 1.563 0.169 54,396,598 23.934 24.087 (0.153) "BOLD &ITALICS INDICATES AMENDMENTS