The School District of New Glarus Board of Education will consider adopting its 2026-27 budget and setting a $9.53 million property tax levy when it meets Monday, Oct. 26, at 7:15 p.m. in the New Glarus High School library/media center.

The proposed levy of $9,532,645 is $481,862, or 5.32%, higher than last year. Yet the projected school tax rate would fall from $9.72 to $9.50 per $1,000 of equalized property value, a decrease of 2.25%.

The difference reflects growth in the district’s overall property tax base. Equalized property value is projected to climb 7.75%, from about $930.8 million to just over $1 billion, outpacing the increase in the amount of taxes the district plans to collect.

For individual homeowners, however, a lower districtwide tax rate does not guarantee a lower school tax bill. Changes in a property’s assessed value and the school levy tax credit, among other factors, can affect what a homeowner actually pays. The district estimates that about 3.5 percentage points of the levy increase is attributable to new construction.