What’s a better bet than the under the mattress to make your money keep pace with—or else outpace—inflation?
If you answered ‘the bank,’ you would be right. Land is …
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What’s a better bet than the under the mattress to make your money keep pace with—or else outpace—inflation?
If you answered ‘the bank,’ you would be right. Land is potentially another, judging by the 2024 equalized property values in Stanley-Boyd School District.
Using the figures for 2022-23 as a baseline measure, the Stanley-Boyd area saw an average increase in property valuation, of 15.92 percent.
Taking 2022-23 as baseline, then dividing 2023-24 values by this and subtracting ‘1’ from the result, we can obtain the percentage increase in property values for individual townships, village, and city property—So what are they?
Higher than last year, for one.
More individual and specifically, the village of Boyd saw an increase of 19.88 percent in property value, rising from a total valuation of $38,271,400 in 2022-23 to reach $45,881,300 in the present.
Taxes bounced back as well, from a decrease of $21,607 in revenues for 2022-23 compared to the previous year, to an increase of $113,959 in 2023-24 compared to 2022-23.
The vote to raise the levy for road repair could also having something to do with that, as would the present school levy rate of $6.82 per $1,000 versus $5.20 per $1,000 in last year’s budget.
For an example of the latter we move from Boyd to Butler, where equalized property valuation for land within the Stanley-Boyd School District increased by 10.59 percent, from 326,702 in 2022-23 to $361,382 for the present budget year. District taxes collected on Butler township land went from $1,644 last year to $2,464 in the present.
From Butler we move to Colburn, township property owners saw a property valuation rise of 16.78 percent over the year previous, with a present equalized property valuation of $90,981,141, versus $77,908,651 last year.
From Colburn we move to Delmar, which saw a rise from equalized property valuation of 12.34 percent, coming out at $77,776,119 for the present year versus $69,234,087 the previous year.
Edson saw the least change, with a valuation change of 5.54 percent over last year’s figure, coming to $77,244,838 in the present versus $73,191,746 for last year.
In terms of dollar figures, the City of Stanley came out on top, valuation increasing 17.5 percent from the previous year to be valued at $165,519,700.
From Stanley we move to Taft, which saw the sharpest rise in percentage terms, property valuation going up 23.43 percent to come out at $16,091,262 in the present compared with $13,036,412 last year.
Moving from Taft to Thorp, Town of Thorp property owners saw an increase of 21.73 percent, total equalized property valuation being $48,237,425 for the present versus $39,625,384 last year.
Moving to Wilson, the township in Eau Claire County saw a property valuation rise of 14.76 percent, valuation totaling $25,517,014 this year versus $22,235,152 for last year.
Closing out our review with Worden, the township in Clark County saw a valuation raise of 16.67 percent, being valued at $43,509,270 this year versus $37,291,387 last year.