Platteville School District Approves Preliminary Budget, Property Tax Increase

Platteville residents will see property taxes take a slight jump next year. The Platteville School District has approved its preliminary budget for the 2014-2015 school year, which includes a 2.45% increase to the district property tax levy. The budget is also projecting a 2.15% bump in the mill rate, from $11.38 during this past school year to $11.63 for the upcoming school year. The overall 2014-2015 expense budget for the Platteville school district is just over $16-million. That is almost a 1% decrease from the total expenses last school year. The district will learn other figures later this fall to help finalize the budget. Those stats include the September pupil count, state equalization aid, and the district’s equalized value.