Transcript 2015 Adopted Budget - Village of Williams Bay

VILLAGE OF WILLIAMS BAY

PUBLIC HEARING ON THE
2015 BUDGET
 NOVEMBER 17, 2014
The BUDGET

is a legal document

Insures fiscal control

Is a planning tool
2015 GENERAL FUND BUDGET
2015 DEBT SERVICE BUDGET
2015 CAPITAL PROJECT BUDGET
Total Levy
2015 TOTAL LEVY REQUIRED
State of Wisconsin
Walworth County
Gateway Technical College
Williams Bay Public School
Village of Williams Bay
5 JURISDICTIONS PARTICIPATE IN YOUR TAX DOLLAR
State of Wisconsin 1.03%
Williams Bay School 43.17%
Walworth County 30.03%
Gateway Tech College 4.90%
Village of Williams Bay 20.87%
PERCENT OF EACH TAX DOLLAR
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%
TAX LEVY INCREASE 1996-2014
TAX RATE CALCULATION – 2014 TAXES PAYABLE IN 2015
4.19% decrease
NET TAX RATES 1994 – 2014
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
LOCAL SHARE OF TAX RATE