Although the relief is not drastic, fact is Wisner taxpayers will be doling out a little less cash to the city when 2013-2014 tax receipts hit the mail.
The Wisner City Council voted last Monday to approve the 2013-2014 city budgets, setting a property tax asking of $204,973.
That total is $5,634 less than the asking a year ago, which figures out to a three percent decline. Helping this out as a more than $472,000 increase in valuations this year.
Wisner’s overall general funds budget saw a large drop of $615,438. The three main areas of decline are -$184,766 in the Louis and Abby Faye Dinklage Foundation fund, -$143,772 in the sinking fund, and -$195,000 in the cash reserve.
The overall tax levy for the city comes to around 48 cents per $100 of valuation. This is about one cent under last year’s total.
For the owner of property in the ballpark of $100,000, this levy drop will generate around a $20 savings.
When breaking down the different funds that make up the overall general funds budget, property tax changes took place in only three of them.
The 2013-2014 property tax asking breakdown is as such: general $12,279, street $18,170, fire $15,629, police $95,757, pool $29,060, park $10,865, library $18,444, and auditorium $4,767.
Two funds asking for lower property taxes were the general and park funds. These declines were $3,519 for the general fund and $4,240 for the park fund.
Picking up some of the funds will be the auditorium fund, which saw an increase of $2,125 in property tax asking.
For the full story, pick up the September 25 Wisner News-Chronicle, or call 402-529-3228 to subscribe.