Assumes borrowing amortized over 20 years using a planning interest rate of 5.25%. Mill rate based on the 2024 Equalized Valuation (TID-OUT) of $822,186,000 with annual growth of 1.00% thereafter. *Represents an estimate of the maximum projected annual mill rate for referendum approved debt service beginning in 2025-26. Note: Planning estimates only. Significant changes in market conditions will require adjustments to current financing plan. Rates subject to change.
Bayfield School District Tax Apportionment Overview
Each year, the State of Wisconsin Department of Revenue certifies the equalized property values for all school districts. These values determine how school taxes are distributed among the municipalities within the district and play a key role in school funding. Below is a summary of the past three years of certified tax equalized values – tax apportionment, showing the taxable property base that helps fund our schools.
Fall Bayfield School District Certification of 2024 Values - Tax Apportionment
Taxation District
TID IN Equalized Value
TID OUT Equalized Value
TID OUT % To Total
Town of LaPointe
364,021,500
364,021,500
44.274835621
Town of Bayfield
262,420,800
262,420,800
31.917449336
Town of Russell
51,134,500
51,134,500
6.219334798
City of Bayfield
144,609,200
144,609,200
17.588380245
Fall Bayfield School District Certification of 2023 Values - Tax Apportionment
Taxation District
TID IN Equalized Value
TID OUT Equalized Value
TID OUT % To Total
Town of LaPointe
385,743,300
385,743,300
49.702373283
Town of Bayfield
219,274,800
219,274,800
28.253187965
Town of Russell
35,208,600
35,208,600
4.536568697
City of Bayfield
135,879,700
135,879,700
17.507870055
Fall Bayfield School District Certification of 2022 Values - Tax Apportionment
The Bayfield School District’s budget is not solely funded by local tax dollars. A portion of the budget comes from Impact Aid, a federal program that provides funding to districts affected by federally owned land, military bases, or Native American reservations.
Since federally owned land is not taxable, districts like Bayfield—where a significant portion of land falls under this category—receive Impact Aid dollars to help make up for lost tax revenue.
The amount a district receives is based on:
The number of students living on federally impacted land, including tribal lands.
The level of need determined by federal formulas.
These funds are distributed directly to the school district and help support educational programs, teacher salaries, and student services.
