The average City of Verona resident’s taxes will go up about $250 this year, six months after most of the city voted in favor of it.
With city tax rates down, Dane County taxes up and state taxes abolished, the vast majority of that difference in taxes this year is from the Verona Area School District, where voters overwhelmingly approved a $168 million high school building referendum, plus annual increased operating expenses for it. What would have been a sharp decrease in taxes became a hike of nearly $1 per $1,000 of assessed value, or $246 on a $272,000 home after credits are factored in.
The city released the calculation of tax bills Monday, Nov. 30, less than a week after Dane County finalized its budget. City finance director Brian Lamers couldn’t say for sure when they would be mailed, because the city has to wait its turn in line with other municipalities for the county to produce the bills. But they are expected to be mailed by mid-December.
Tax bills are required to be mailed by Dec. 19 by state law.
The school’s increase came a year after a 49-cent increase in its assessed mill rate in Verona (despite an overall drop against equalizers values). Dane County’s 4.5 percent hike partly resulted from funding for a new jail and added funds for social programs. The city’s rate dropped despite adding the equivalent of four new full time positions.