Expect a modest tax increase in the Ripon Area School District when tax bills arrive sometime next month.
Monday evening, the Ripon Area School Board approved the 2013-14 budget and property tax levy with no discussion.
The new tax rate (mill rate) is $11.58 per $1,000 of equalized valuation, a $0.36 increase from the previous budget.
This means the owner of a $100,000 property can expect to owe $1,158 in school taxes for 2013-14, or $36 more than last school year.
The overall tax levy is rising nearly $200,000 — or about 2.8 percent — from $7.03 million to $7.23 million.
“The general fund tax levy increase is due to a decrease in state equalization aid, a decrease in state computer aid and an increase in the district revenue limit,” reads information from the district. “... The total equalized property valuation for the district decreased 0.4 percent ... The proposed tax levy is the maximum levy allowed based on the final state revenue limit for the Ripon district.”