Tax impact

Estimated tax impact provided by the School District of Pittsville.

*Proposed Property Tax Increase Per $100,000 of Equalized Property Value Chart* that says in Referendum Year 1, the Monthly Increase would be $16.92 and the Annual Increase would be $203, in Referendum Year 2, the Monthly Increase would be $1.17 and the Annual Increase would be $14, in Referendum Year 3, the Monthly Increase would be $2.75 and the Annual Increase would be $33, in Referendum Year 4, the Monthly Increase would be $1.42 and the Annual Increase would be $17. *Yearly increase is in addition to the previous year. **Changes in equalized property value, state aid, FTE (Full Time Equivalency) and other variables can result in mill rate and property tax changes. It is important to note that the actual yearly tax impact will vary depending on school year and municipality. This increase is calculated in comparison to the referendum not passing. The School District of Pittsville has exhausted all internal efforts to address funding gaps. Similar to neighboring districts, the only remaining option to sustain current operations and continue providing students with the high-quality education they deserve is through a referendum. *Picture of elementary students in gym*

Mill Rate

Compared to surrounding districts, The School District of Pittsville's mill rate is substantially less.

*Comparable Surrounding School Districts 2023-2024 Mill Rates Graphs* that says that Port Edwards is at $8.35, Nekoosa is at $7.25, Wisconsin Rapids is at $7.20, Black River Falls is at $6.30, Tomah is at $6.30, Necedah is at $6.22, Auburndale is at $6.09, Granton Area is at $5.76, Neillsville is at $5.48, Pittsville is at $5.18, and Marshfield is at $5.11. *Changes in equalized property value, state aid, FTE (Full Time Equivalency) and other variables can result in mill rate and property tax changes. *School District of Pittsville Mill Rates Graph* that says 2018-2019 is at $8.63, 2019-2020 is at $8.63, 2020-2021 is at $8.75, 2021-2022 is at $8.41, 2022-2023 is at $6.55, 2023-2024 is at $5.19, 2024-2025 is at $6.32 with an Operational Referendum Increase of $2.02, 2025-2026 is at $5.92 with an Operational Referendum Increase of $2.57, 2026-2027 is at $5.50 with an Operational Referendum Increase of $3.32, 2027-2028 is at $5.34 with an Operational Referendum Increase of $3.65. *Changes in equalized property value, state aid, FTE (Full Time Equivalency) and other variables can result in mill rate and property tax changes.

*Picture of elementary students holding a "Proud to be a Panther" banner* A lower mill rate means less money the district will receive through property taxes. A low mill rate does not allot our District the funds necessary to keep up with inflation and rising operational expenses.

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