School Board Passes 2018 Greendale Budget, Mill Rate To Go Down

GREENDALE, WI -- The Greendale Board of Education approved the Greendale Schools’ final 2018-2019 school-year budget and tax levy at its meeting on October 22.

District officials said their mill rate will decrease to $10.26 per thousand of equalized property value, from $11.03 last year. This is a 7 percent decrease. Based on this mill rate, the school tax bill for $200,000 home in Greendale will be $2,052 in 2018. The graph below illustrates the mill rate history since 2009-2010.

Greendale Schools will receive $14,257,262 in state aid, up from $13,341,786 in 2017-2018. The equalized property value of the District has increased $95 million (7.26 percent) from last year.

The Board approved the budget by a 5-0 vote. The revenue limit calculation is completed after the third Friday membership count and after the receipt of the certified state aid and the equalized property value of the district on October 15.

Greendale's recent $33.8 million schools referendum will be reflected in the next budget cycle, officials told Patch on Friday.

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