School Tax Levy Stays Relatively Steady
The tax levy in the 2012-13 Oak Creek-Franklin School District budget, approved by the school board earlier this week, will rise less than 1 percent.
The Oak Creek-Franklin School Board gave final approval to the district's 2012-13 budget, which includes a tax levy increase of less than 1 percent.
The tax levy goes up $240,675 — from $32.1 million to $32.3 million — for an increase of 0.75 percent. The tax rate is at $9.44 per $1,000 of equalized value, up from $8.78 a year ago.
The district was also able to maintain all of its programs, Business Services Director Cathy Cramer said.
Oak Creek was able to keep its tax levy stable in large part due to an increase in state aid.