By Kevin Boneske
Staff Writer
HOWARD – The property tax rate to pay for village services in Howard is staying the same.
The Howard village board approved an ordinance Monday, Nov. 26, to set the tax levy on all of Howard’s taxable property in Brown County, for the purposes of paying the village’s expenses, at $6,487,818, including $359,251 in Tax Incremental Financing (TIF) funds.
Trustee Cathy Hughes cast the lone dissenting vote.
Based on the village’s last assessed valuation, the tax rate for village purposes will remain at $3.92 per $1,000.
Chris Haltom, the village’s director of administrative services, noted the ordinance also includes the tax rates for the other taxing entities with levies in Howard.
“When you approve the ordinance, it codifies the entire budget, so it makes it part of our ordinances,” Haltom said. “You also allow the appropriation of funds – in other words, we’re allowed to spend money – in accordance with what is in the budget.”
The ordinance also notes village residents who live in the Howard-Suamico School District will be levied $16,629,012, including $920,801 in TIF funds, for a tax rate of $10.06 per $1,000.
The Brown County tax levy in Howard will be $8,210,914, including $454,664 in TIF funds and $1,000 for the bridge and culvert aid and chargeback fee, for a tax rate of $4.97 per $1,000.
The Northeast Wisconsin Technical College tax levy for all of Howard in Brown County will be $1,491,810, including $82,606 in TIF funding, for a tax rate of 90 cents per $1,000.
When combining all the tax levies of $32,819,555 with a gross tax rate of $19.85 per $1,000 for the portion of the village in the Howard-Suamico School District, less a state school tax credit of $2,756,070, which will reduce the tax rate by $1.67 per $1,000, the ordinance notes a net tax rate of $18.18 per $1,000 will be included in the December tax bills.