village of williams bay public hearing on the 2015 budget november 17, 2014
TRANSCRIPT
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VILLAGE OF WILLIAMS BAY
PUBLIC HEARING ON THE 2015 BUDGET
NOVEMBER 17, 2014
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The BUDGETThe BUDGET
is a legal documentis a legal document
Insures fiscal controlInsures fiscal control
Is a planning toolIs a planning tool
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2015 GENERAL FUND BUDGET
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2015 DEBT SERVICE BUDGET
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2015 CAPITAL PROJECT BUDGET
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2015 TOTAL LEVY REQUIRED
Total Levy
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5 JURISDICTIONS PARTICIPATE IN YOUR TAX DOLLAR
State of Wisconsin
Walworth County
Gateway Technical College
Williams Bay Public School
Village of Williams Bay
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PERCENT OF EACH TAX DOLLAR
State of Wisconsin 1.03%
Williams Bay School 43.17%
Walworth County 30.03%
Village of Williams Bay 20.87%Gateway Tech College 4.90%
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TAX LEVY INCREASE 1996-2014
1996 Levy 2014 Levy Increase or Decrease
1996-2014
Percent of Increase or <Decrease>
State of Wisconsin $55,964.34 $119,640.27 $63,675.93 113.77%
Gateway Technical College $443,274.00 $543,059.12 $99,785.12 22.51%
Walworth County $1,233,944.73 $3,245,972.89 $2,012,028.16 163.06%
Williams Bay School District $2,878,849.33 $4,781,581.27 $1,902,731.94 66.09%
Village of Williams Bay $1,734,110.00 $2,311,312.00 $577,202.00 33.29%
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TAX RATE CALCULATION – 2014 TAXES PAYABLE IN 2015
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NET TAX RATES 1994 – 2014
4.19% decrease
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LOCAL SHARE OF TAX RATE
Did you know?
The local net tax rate is estimated to be $2.98 per thousand dollars of assessed value. A home assessed at $200,000 will pay approx. $596.00 a year in local taxes or $1.63 a day for Village Services. What do you get for $1.63 a day?
-Police Protection 24 hours a day-Fire Dept.-Curbside Garbage Collection-Snow Plowing-Well-maintained parks and lakefront
-Municipal Court-Building Inspection Dept.-Curbside Leaf Collection-Street Rehabilitation-Recreation Department
-Geneva Lake Agencies-Rescue Squad Service-Curbside Brush Collection-Capital Projects-Library