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HomeMy WebLinkAbout25. 18-563 NOVEMBER 14, 2018 18-563 RESOLUTION (CARRIED LOST LAID OVER WITHDRAWN ) PENDING INFO FROM FINANCE PURPOSE: ADOPT 2018 TAX RATES INITIATED BY: CITY ADMINISTRATION WHEREAS, the Common Council of the City of Oshkosh has adopted the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: City of Oshkosh Schools/No Algoma Sanitary District State Tax 0 County Tax and All County Specials 19,925,941 Oshkosh Area Schools 35,089,846 Vocational Area School District 4,146,909 City of Oshkosh: Operations 27,821,900 Debt Service 11,617,200 39,439,100 Total $ 98,601,796 2018 2017 ASSESSED ASSESSED INCREASE LEVY RATE RATE (DECREASE) State 0 0.000 0.000 0.000 County Tax 19,925,941 5.352 5.369 (0.017) Area Schools 35,089,846 9.424 9.774 (0.350) Area Vocational 4,146,909 1.114 1.105 0.009 City Tax 39,439,100 10.592 10.558 0.034 TOTAL TAX LEVY& RATE COMPARISON 98,601,796 26.482 26.806 (0.324) State Credit TBD TBD 1.732 TBD TBD TBD 25.074 TBD NOVEMBER 14, 2018 18-563 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: City of Oshkosh Schools/With Algoma Sanitary District State Tax 0 County Tax and All County Specials 19,925,941 Oshkosh Area Schools 35,089,846 Vocational Area School District 4,146,909 City of Oshkosh: Operations 27,821,900 Debt Service 11,617,200 39,439,100 Algoma Sanitary District No.1 44,372 Total $ 98,646,168 2018 2017 ASSESSED ASSESSED INCREASE LEVY RATE RATE (DECREASE) State 0 0.000 0.000 0.000 County Tax 19,925,941 5.352 5.369 (0.017) Area Schools 35,089,846 9.424 9.774 (0.350) Area Vocational 4,146,909 1.114 1.105 0.009 City Tax 39,439,100 10.592 10.558 0.034 Algoma Sanitary District 44,372 0.285 0.268 0.017 TOTAL TAX LEVY& RATE COMPARISON 98,646,168 26.767 27.074 (0.307) State Credit TBD TBD 1.732 TBD TBD TBD 25.342 TBD NOVEMBER 14, 2018 18-563 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: Winneconne Schools/No Algoma San Dis State Tax 0 County Tax and All County Specials 19,925,941 Winneconne School District 22 Vocational Area School District 4,146,909 City of Oshkosh: Operations 27,821,900 Debt Service 11,617,200 39,439,100 Total $ 63,511,972 2018 2017 ASSESSED ASSESSED INCREASE LEVY RATE RATE (DECREASE) State 0 0.000 0.000 0.000 County Tax 19,925,941 5.352 5.369 (0.017) Area Schools 22 8.684 8.634 0.050 Area Vocational 4,146,909 1.114 1.105 0.009 City Tax 39,439,100 10.592 10.558 0.034 TOTAL TAX LEVY& RATE COMPARISON 63,511,972 25.742 25.666 0.076 State Credit TBD TBD 1.732 TBD TBD TBD 23.934 TBD