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Lake Mills Area School District

Lake Mills Area School District sees tax rate decrease after jump in property values

  • Updated

The Lake Mills Area School District has finalized its 2022-23 budget, which includes a 9.6% tax rate decrease resulting from skyrocketing equalized property values.

District residents can expect a tax rate of $7.60 per $1,000 of property value, down from last year’s rate of $8.41 per $1,000. District business manager Tasha Naylor explained that this was due to the highest increase in equalized property value, with values jumping 15% from last year’s value.

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