Wauwatosa School District proposes a 2.31 percent levy increase
Taxes would rise $56 for a $250,000 home
The Wauwatosa School District Monday presented a proposed budget that includes a 2.31 percent increase in its total tax levy, an increase from about $45.31 million for the 2012-13 school year to $46.35 million for the 2013-14 year.
The budget includes just over $1 million in taxes to be repaid to Wheaton Franciscan Healthcare's Wauwatosa facility, 201 N. Mayfair Road. The taxes were collected by the city for the school district over a period of years. A court ruling later determined that the collections were not owed, as the facility was largely tax-exempt.
Property tax collections represent 55 percent of all school district revenue, with the state providing 28 percent, and the federal government adding almost 4 percent. Other local sources add almost 13 percent.
For a home valued at $250,000, the district's share of property tax would amount to $2,461 in 2014, an increase of $56 over the current year. The tax rate would be $9.842 per thousand dollars of equalized valuation, a 22-cent increase over the previous year. The new rate would be more than $3 per thousand more than a low reached in 2006-07.
Salaries and benefits for the district's 828 employees, including 550 teachers, easily account for the largest spending category in the budget. Total compensation for next year would be $64.13 million, or 78 percent of total spending for the year. That represents an increase over the current year's total compensation of $62.83 million, or 2.08 percent. For 2013-14, benefits represent 44 percent of total compensation.
Employment in district has remained remarkably stable in recent years, fluctuating only slightly in every category since 2011. The categories are: teachers, administrative assistants, administrators, custodians, educational assistants and others.
Of the teachers in the district, 70 percent have masters degrees or, in one case, a doctorate degree.
The School Board will vote to approve the final budget at its June 24 meeting.
Your link to the biggest stories in the suburbs delivered Thursday mornings.
Enter your e-mail address above and click "Sign Up Now!" to begin receiving your e-mail newsletter Get the Newsletter!
- New Mayfair parking structure to open tonight
- The Malt Shoppe opens Friday in Wauwatosa
- Taste of the Town: Eddie Martini's remains a classic stop
- Wauwatosa businesses recognized for employing people with disabilities
- Neighbors continue combating Wauwatosa Woman's Club parking proposal (1)
- Wauwatosa's Center Street, lined with schools, could see sidewalks, bike lanes
- Wauwatosa negotiating financial aid for Underwood apartments
- Weekly Planner: Oct. 23
- Tosa East Players perform play-within-a-play in 'Curtains'
- What to expect as Wauwautosa YMCA changes hands