Shawano property tax rates to increase

City cites lower manufacturing values, school district budget hike

Shawano taxpayers will see a higher tax rate in 2019 than previously projected, due in part to weaker than expected manufacturing assessments and increases in the school district’s and county’s budgets, according to city officials.

The total tax rate, when all taxing entities — school district, county, state and Northeast Wisconsin Technical College — are included is now projected to be $24.57 per $1,000 of assessed valuation, or $2,457 for a $100,000 home.

That’s an increase of about 89 cents per $1,000 over this year’s total tax rate, or an additional $89 on a $100,000 home.

A few weeks ago, the city was projecting a total tax rate increase of 58 cents per $1,000, or $58 on a $100,000 home.

The city’s share of the tax bill will increase by about 28 cents per $1,000 of assessed valuation, from $9.89 per $1,000 to $10.17 per $1,000.

That means a roughly $28 increase on a $100,000 home.

The city had been projecting an increase of 26 cents per $1,000 before the state released its assessments of manufacturing properties in the city, which came in at about $1 million less than the city had anticipated, according to Assistant City Administrator Eddie Sheppard.

The city also based its previous projections of the total tax bill on the school budget that was passed at the Shawano School District’s annual meeting. The school district ultimately increased that budget when it was finally adopted.

The school district’s share of the tax bill will go up from $9.65 per $1,000 to $10.08 per $1,000, or $1,008 on a $100,000 home, an increase of about 43 cents cents per $1,000.

The city had previously projected the school district’s share to rise to $9.84 per $1,000, which would have been an increase of about 18 cents per $1,000.

The county’s share will increase by 16 cents per $1,000, from $5.16 per $1,000 to $5.32 per $1,000, or $532 on a $100,000 home.

The school district and county base their budgets and tax rate projections on equalized value, while the municipalities base their projections on the assessed valuations in their communities.