Property tax bills for city and town of Port Washington residents will be in the mail during the next week, officials said.
City Administrator Mark Grams said residents whose property values stayed the same or went down during this year’s reassessment will find they owe less in property taxes this year.
The overall city’s tax rate — which includes charges for the city, county, school district, vocational school and state — is $18.35 per $1,000 assessed valuation, a decrease of 11.4 cents, Grams said.
A house assessed at $225,000 last year paid $4,155.30 in taxes, he said. If the value of the house increased to $226,300 — reflecting the average increase realized during this year’s reassessment — it would pay $4,153.56 in taxes.
After the city’s recycling fee is figured in, the tax bill will be about $12.74 less than last year, Grams said.
The tax rate for city services is $5.75 per $1,000 valuation, 2.2 cents less than last year. That rate is needed to raise the $4.8 million tax levy recently approved by aldermen to support the $8.65 million 2013 city budget.
In the Town of Port, residents will find their local bill is virtually the same as last year and the overall bill is about the same as it was four years ago, Clerk Jenny Schlenvogt said.
The town tax rate is $2.21 per $1,000 valuation, down a penny from last year, while the overall tax rate is $13.98 per $1,000, she said. That compares to $13.89 per $1,000 valuation last year.