City of Platteville Approves Budget

Platteville city leaders have approved a budget that will increase taxes, but not as significantly as they initially anticipated. The city hopes to retain staff and maintain the capacity to attract new staff members, and has crafted a $17.7 million budget that focuses on increasing staff pay across multiple employment categories. The city’s property tax rate will increase to $8.27 per $1,000 of assessed value, meaning an owner of a $150,000 home would pay about $1,240.50 in city property taxes annually, a $37.50 increase relative to 2021. Residents also will see sewer meter charges increase from $15.45 to $16.22 per month and a volume rate increase from $4.75 per 100 cubic feet to $4.99. The additional revenue is being funneled into operational staffing costs along with supply and equipment contracts.