Tax Rate Down for WASD

10/25/11 – Waupun School District taxpayers will see a 2.3-percent decrease their mill rate from a year ago. The 2011-2012 budget approved last night leaves property owners with a tax rate of $10.48 per thousand dollars of value. That’s 24-cents lower than last year and 13-cents lower than last month, when voters approved a levy of $10.1-million. School officials say the decrease from last month can be traced to the district’s equalized value coming in more than expected and the district receiving more state aid than projected. The tax rate of $10.48 means the owner of a property worth $100,000 would pay $1,048 for the school portion of their tax bill. The total budget is about $20.59-million, which includes a cut in expenditures of nearly $1.4-million. That leaves the district with a deficit of about $650,000, which will be covered by fund balance.