The tax rate for the Janesville School District is the lowest it has been since 2010—even with increased spending and less state aid than the district received that year.
The Janesville School Board passed a budget Tuesday only slightly different than the preliminary one it approved in August.
School district residents will be taxed at a rate of $8.51 per $1,000 of equalized value.
That’s a decrease of 2.1 percent over last year’s rate of $8.69 per $1,000.
Spending is up to $121.55 million, an increase of 2.2 percent from last year.
The tax rate can decrease despite the new spending because property values in the school district are rising. There is also more new construction, which expands the property tax base.
