Tax Impact
If approved by voters, the $198 million referendum will have an estimated tax levy increase of $0.73 per $1,000 of equalized property value.
How Much Will It Cost Me?
Estimated Tax Levy Increase of $0.73 per $1,000 of fair market property value
| Property Value | Per Year | Per Month |
|---|---|---|
| Per $100,00 | $73.00 | $6.08 |
| $200,000 | $146.00 | $12.17 |
| $250,000 | $182.50 | $15.21 |
| $300,000 | $219.00 | $18.25 |
| $350,000 | $255.50 | $21.29 |
| $400,000 | $292.00 | $24.33 |
*Amount shown above would be in addition to the ‘23-’24 mill rate of $6.13 and estimates 4% annual fair market property value growth. All scenarios assume the use of Tax-Exempt General Obligation Bonds/Notes, with a phased, 23-year repayment plan at an all-inclusive borrowing interest rate of 4.50%. If approved, school district residents will first see the increase on their December 2024 tax bills.
Tax Impact Calculator
What is Fair Market Value?
Fair market value, or equalized value, represents the estimated market worth of properties within a municipality or school district. Property assessments are determined by the individual municipality and will vary by municipality. Equalized value is used to standardize these assessments. This ensures that all property owners, regardless of location, are taxed equitably based on the actual value of their property. This approach helps create a more consistent and fair tax system across the district or region. In Wisconsin, schools are required by law to use fair market value, which is indicated on your tax bill.
How Does Kaukauna Compare?
This chart shows how Kaukauna's Mill Rate (Tax Rate) in comparison to other school districts. You can also see the state average of $7.18.
With voters approval of the referendum and $0.73 increase, Kaukauna's tax rate would still be below the 2023-2024 state average.
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