City of Waupaca Property taxpayers should see a stable, or slightly reduced tax rate for 2016. The city’s current proposed tax rate for next year’s budget is down about 0.7%, with the city council still considering the option of using debt service fund balance money to lower the rate a full percentage or 1 ½ percent. City Finance Director, Kathy Kasza, also told the council last night that four bonds can be refinanced next year, which could provide considerable savings to the city.
Kasza is also recommending a 3% rate hike for the city’s water utility. The last increase was in 2011. The council did approve seeking what is called a “simplified rate case increase” through the public service commission. No rate increase is planned for the sewer utility or for Waupaca Online. The public hearing for the 2016 city budget is slated for Tuesday, November 17th at 6pm.