The proposed mill rate for the village of Caledonia is $6.26 per $1,000 assessed value in 2016, an increase of .20 compared to the mill rate in 2015. This means a property owner whose home is valued at $250,000 would pay $1,565, an increase of $50 if their assessed value remained the same.
Click here to see the budget document:.2016 Proposed Caledonia Budget.
The proposal calls for spending $14.6 million, which includes the village general fund, enterprise fund, special revenue fund and capital projects in 2016, a 1.11 percent increase compared to 2015.
The amount property owners will pay collectively, also known as the tax levy, is set at $3.4 million, a 1.56 percent increase.
Caledonia village administrator Tom Christensen said the budget included adding two police officers and one highway department employee.