The Nicolet College Board of Trustees recently approved the college’s budget for next year which is projected to slightly reduce the tax on a $100,000 home from $37.40 this year to $37.08.
The final tax rate won’t be known until October when the state releases final property valuation figures. The projected tax levy is based on an estimated valuation increase of 1 percent in the district. Last year valuations increased 1.75 percent.
The total budget unanimously approved by the board is $35,821,178, a 0.44 percent decrease from the previous year.