Tuesday, February 10, 2009

LET'S LOOK AT SOME FACTS

FACT:

Oshkosh has the lowest tax rate of 9 comparable districts for 2007-2008 school year:

Sheboygan $10.10
Kimberly $ 9.25
Eau Claire $ 9.15
Janesville $ 8.34
Neenah $ 8.33
Menasha $ 8.25
Fond du Lac $ 8.15
Kaukauna $ 8.13
Appleton $ 7.88
Oshkosh $ 7.39


Oshkosh has 4 more Elementary Schools and 2 more Middle Schools than similar sized districts in WI--- Eau Claire, Janesville and Sheboygan all have 12 Elementary schools (Oshkosh has 16) and 3 Middle Schools (Oshkosh has 5)

Oshkosh School District mill rate in 1992 (over $15 per $1,000 equalized value)
Oshkosh School District mill rate in 2008 ($7.39 per $1,000 equalized value)

What does that mean?

I'll use my house as an example --- in 1992 my house was assessed at $39,900 which means my school tax in 1992 would have been approximately (I don't have the exact rate but I know it was over $15 so I just used $15 as the rate) $598.50 ($39,900/1,000 =39.90 X $15 = $598.50)

In 2008 my house was assessed at $73,000 which means my school tax was $539.47

Well look at that my 2008 school tax was $59.03 LESS than it was in 1992 (that isn't even accounting for inflation) [$598.50 was worth more in 1992 than it is today].

If your house was assessed at $100,000 in 1992 and $200,000 your school taxes would have been:

1992 --- $1,500
2008 --- $1,478

That is what the revenue controls have done, in Oshkosh, they have cut the mill rate by more than half. I have to wonder about those who say the school district keeps increasing taxes. The facts just don't seem to bear that out.

If you compare Oshkosh with surrounding and like-sized communities Oshkosh's tax rate is significantly lower, which means we have done more with less dollars than other districts.