MARINETTE — The Marinette City Council voted unanimously Tuesday on the CY 2018 city tax levy and the CY 2019 city operational budget, after accepting public comment in a hearing prior to its meeting. 

The tax levy for the 2018 fiscal year has been set at $16,537,168.41, up about 1.04 percent from last year’s $15,951,606.34.

The tax levy amount includes appropriations for the Board of Education, NWTC-Marinette, Marinette County tax, TIF districts 3 and 6 through 13, and principal and interest on public debt coming due.

The city budget, which includes expenditures for all funds, capital expenditures and operation and maintenance of all city departments, is set at $5,625,256 for the general fund and debt service funds, and $1,398,051.53 for TIF districts 3 and 6 through 13.

The millage rate for the 2018 tax levy, after the school credit, amounts to $22.49 per $1,000 of property. This millage rate is up about 2.5 percent from the 2017 tax levy amount, $21.93 per $1,000 of property.

“If you have a $100,000 home, your taxes are going up $55,” said Finance Director Jacqueline Miller, referring to how a home assessed for $100,000 would require $2,249 in taxes this year as opposed to $2,193 last year.