- The Village Board unanimously approved on Thursday
night a 2018 budget that will increase the village’s
total tax levy by $101,123 due to an increase of 2.208
percent in net new construction, according to the
Mukwonago 2018 Annual Budget Document.
total tax levy is $6,116,007, which includes the Tax
Incremental District #3. The tax levy is the total
amount of real estate tax revenues the village collects
to operate government.
village’s total equalized value is $839,258,300, an
increase of $37,095,000, or 4.62 percent.
village properties within Waukesha County, the local tax
rate is estimated at $8.0548, a decrease of $0.1044 per
$1,000 of assessed value, or minus 1.28 percent.
Waukesha County properties, an owner of a $220,000 home
would pay a village tax of $1,772.06, a decrease of
village properties within Walworth County, the local tax
rate is estimated at $7.6342, a decrease of $0.1392 per
$1,000 of assessed value, or minus 1.79 percent.
Walworth County properties, an owner of $220,000 home
would pay a village tax of $1,679.53, a decrease of
expenditures rose to $4,568,476, an increase of
$150,124, or 3.4 percent. Of the increase, $137,385
resulted from planned and contractual compensation,
related WRS, Deferred Comp, FICA taxes and health
insurance increases. Also, $32,000 was budgeted for a
reserve to decrease the village’s unfunded liability