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Chippewa Valley Times

Thursday, November 21, 2024

State aid reduces tax impact on operational referendum

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Jamie Johnson President at Hudson Schools | Official website

Jamie Johnson President at Hudson Schools | Official website

The final state aid calculations for the 2024-2025 school year have been released, resulting in a reduced tax impact on the $5 million operational referendum. The new calculation lowers the tax to just $1 per $100,000 of equalized property valuation. For homeowners with a property valued at $500,000, this translates to an annual increase of only $5 above the 2023-2024 mill rate.

Learn more about the November 5th Operational Referendum by clicking here.

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