Green Lake is trying to keep its levy up with its expenses.

   The state-mandated formula will keep the levy essentially the same in the now-approved budget, dropping $829 to $1,259,119 for 2018, despite a rise in property values.

   Meanwhile, expenditures are increasing 2.47 percent to $2.019 million.

   To avoid another shortfall next year, the city’s going to tinker with the numbers for 2019.

   Namely, borrowing money.

   Because the state may allow municipalities higher levy limits depending on their debt service, Green Lake officials are hoping loans for larger projects could help keep the budget in the black, or at least out of the red.

   The council unanimously approved the 2018 budget Monday, which includes an 11-cent, 2.17-percent increase in the city’s mill rate. Therefore, an owner of a $100,000 home would pay $519 in taxes, compared to $508 last year.

   Read the full story in the Nov. 16, 2017 edition of the Ripon Commonwealth Press.