The Village Board unanimously approved a $5,812,600 tax levy and the 2007 municipal budget Nov. 30.
Taxpayers can expect a tax rate of $6.22 per $1,000, an increase of 39 cents - or 6.7 percent - from last year for the village portion of their tax bill.
The total levy increased by $386,030, a 7.11 percent increase from the 2006 budget.
The revenue raised through taxes and fees will go to pay for a $6,439,410 general fund budget.
Overall, the budget increased $161,840 - 2.6 percent - from the previous year.
More than half - 53 percent - of the general fund budget will be spent on salaries and benefits.
Another 24 percent of the budget will be spent on shared services, such as the library and the North Shore Fire Department.
The village's fund balance is expected to be $992,311 at the end of 2007. That amount represents a $28,927 - or 2.9 percent - decrease from this year.
Your link to the biggest stories in the suburbs delivered Thursday mornings.
Enter your e-mail address above and click "Sign Up Now!" to begin receiving your e-mail newsletter Get the Newsletter!
- Mary Nohl house will stay in Fox Point
- Voters send message of change in Fox Point
- Franklin, Gutterman keep seats on Nicolet School Board
- Referendums pass in Mequon-Thiensville, Fox Point-Bayside
- Here's what North Shore voters can expect on the April 7 election ballot
- For those with Down syndrome, Gigi's in Fox Point is more than a playhouse
- Mindful meditation comes to Mequon
- Teens aim to raise $30K for Milwaukee homeless shelter
- Fox Point Footbridge costs more than bargained for
- Very low turnout reported in North Shore for primary election