Glendale - The Nicolet School Board and a handful of residents approved a minimal reduction to the district's levy for the 2012-'13 school year at the annual district meeting Monday night.
The total levy comes in at approximately $17 million, down .06% from last year, and the overall budget is set to increase by about .9% to just over $19 million.
The decrease is so slight, said district Director of Business Services Jeff Dellutri, that a resident with a $300,000 home would see a tax decrease of 81 cents in the coming year -- though that estimate relies on a flat equalized value estimate of area properties, which likely won't be the case.
And, of course, a critical component of the budget presented by Dellutri to the board and attending residents was the five-year, $2.15 million referendum that offsets decreasing enrollment and state aid.
"Without a referendum," Dellutri said, "this would have been devastating for us."
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!
- News & Notes: March 5
- Police report: March 3
- News & Notes: Feb. 26
- River Hills forgoes I-43 sound study
- River Hills set on road salt
- News & Notes: Feb. 25
- Police report: Feb. 24
- Story and video: North Shore Library's director retiring after 20 years
- Nicolet financial forecast foretells 2016 referendum
- News & Notes: Feb. 19