Pending receipt of the 2008 Certification of Equalized Value from the Wisconsin Department of Natural Resources, a conservative projection of zero growth in assessed valuation is estimated. In 2007, the total equalized value of property in the Lake District was $233,918,588. Using this figure, the mill rate needed to raise a tax levy of $110,517 would be 0.4725 per $1,000 of assessed value, or $47.25 for every $100,000 in assessed property value. |