Horicon School Board Adopts Preliminary District Budget

(Horicon) The Horicon School Board approved the 2019-2020 preliminary district budget Monday night. The total operations budget is anticipated to come in just over $11.3-million-dollars. It calls for a $4.3-million-dollar tax levy which would be roughly $200-thousand-dollars less than last year.

District Superintendent Rich Apple says the preliminary mill rate of $10.34 per one-thousand dollars of assessed value would be a 63-cent drop from what taxpayers saw a year ago. Last spring, voters approved two referendum questions that include building a new elementary school next to the high school which will also see improvements to its infrastructure.

Apple says prior to the referendum’s passing, the district anticipated a mill rate around the $11-dollar range. He says thanks to increased state funding the district has so far been able to keep the projected mill rate below that number.

Apple says there are still two big pieces of the puzzle missing before the mill rate can be finalized, equalized property values and third-Friday enrollment numbers. He says once those figures are factored into the budget he believes the mill rate should still be below that $11-dollar mark. Final budget adoption is slated for the end of October.