- Board of Education announces plans for lowest tax rate in 12 years
- Task Force recommendations to the Board of Education
HSSD Board of Education Announces Plans for $8.99 Tax Levy Rate - Lowest in 12 Years
Board declares intent to lower rate as part of April 2021 referendum plan
At its January 26 meeting, the Howard-Suamico School District Board of Education declared its intent to lower the district’s tax levy rate for the first time in 12 years, to $8.99 per $1,000 of equalized fair market property value. The move is part of the April 6, 2021 referendum plan, passed unanimously by the Board at its January 11 meeting.
The announcement comes in response to a Community Task Force recommendation that the Board consider lowering the tax levy rate, also commonly referred to as the mill rate, after six straight years at a stable rate of $9.19 per $1,000. Click here to view the Task Force recommendations.
The intent is to lower the rate from $9.19 to $8.99 for the final two years of the current operational referendum, and to maintain $8.99 for the five years of the proposed replacement operational referendum ending in 2028.
The Board will officially set the levy rate in October when it is scheduled to take formal action on establishing the levy rate for the 2021-22 school year. The Board action to lower the rate is contingent on the passing of the April 2021 referendum questions.