GREEN BAY, Wisc. (WFRV) Tonight, people living in the Green Bay School District can have their voices heard over the proposed 2012-2013 budget.
Total expenditures are expected to rise from a budgeted $235.9 million in 2011-2012 to $237.8 million in 2012-2013. However, according to the District, total revenues are $237.8 million which means a balanced budget.
Here are just a few things, proposed by the District, to reduce expenditures and enhance revenue:
Salary freezes ($.4 million)
Employee share of Wisconsin Retirement System for support staff ($1.2 million)
Health insurance rate increase ($1.0 million)
Health/Dental plan changes ($3.0 million)
Reduction of 28.8 full time employee support staff ($.9 million)
While the tax levy will not increase from last year, the equalized tax rate is going up 3.7%. Part of this increase is cause by the projected 3.6% decrease in equalized property value. This means property owners will pay more for the school portion of their tax bill. Based on the equalized tax rate, a person with property with a market value of $100,000 will pay $37 more in property taxes.
To read the complete proposed 2012-2013 budget, click here.
Tonight's meeting is being held at 6:30pm at the district office building, 200 S. Broadway St.
A public hearing and adoption of the budget is set for 6:30pm on Oct. 22nd.