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HomeMy WebLinkAbout04. 18-565 NOVEMBER 27, 2018 18-565 RESOLUTION (CARRIED 7-0 LOST LAID OVER WITHDRAWN ) PURPOSE: AMEND RESOLUTION 18-563 FOR ALGOMA SANITARY DISTRICT AND ADOPT 2018 TAX RATES INITIATED BY: CITY ADMINISTRATION WHEREAS, the Common Council of the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; and WHEREAS, the Council also set the 2018 tax rates; and WHEREAS, the Statement of Assessment for property located in the City of Oshkosh and Town of Algoma Sanitary District was updated after passage of the rates; and WHEREAS, the State of Wisconsin issued the State School Levy Tax Credit and final tax rates can now be calculated. 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: NOVEMBER 27, 2018 18-565 RESOLUTION CONT'D 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 27,784,400 Debt Service 11,617,200 39,401,600 Total $ 98,564,296 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 39,401,600 10.582 10.558 0.024 TOTAL TAX LEVY& RATE COMPARISON 98,564,296 26.472 26.806 (0.334) State Credit 6,665,820 1.725 1.732 (0.007) 91,898,477 24.747 25.074 (0.327) NOVEMBER 27, 2018 18-565 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 27,784,400 Debt Service 11,617,200 39,401,600 Algoma Sanitary District No. 1 44,372 Total $ 98,608,668 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 39,401,600 10.582 10.558 0.024 Algoma Sanitary District 44,372 0.289 0.268 0.021 TOTAL TAX LEVY& RATE COMPARISON 98,608,668 26.761 27.074 (0.313) State Credit 6,665,820 1.725 1.732 (0.007) 91,942,848 25.036 25.342 (0.306) NOVEMBER 27, 2018 18-565 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 27,784,400 Debt Service 11,617,200 39,401,600 Total $ 63,474,472 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 39,401,600 10.582 10.558 0.024 TOTAL TAX LEVY& RATE COMPARISON 63,474,472 25.732 25.666 0.066 State Credit 6,665,820 1.725 1.732 (0.007) 56,808,652.12 24.007 23.934 0.073