Marinette School District
FACILITIES REFERENDUM
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Election Day: November 3, 2026
Property Tax Impact
If the Marinette School District’s facilities referendum is approved on Tuesday, November 3, the projected tax impact would be $0.47 per $1,000 of equalized property value.
This potential change would increase a property owner’s tax bill by about $7.83 per month (or $94 per year) on a $200,000 home.
Assumptions:
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Multi-phase borrowings amortized a total of 22 years at planning interest rates of 5.00-5.25%.
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Tertiary Aid Percentage (2025-26 October Aid Certification): 33.47%
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Mill rate based on 2025 Equalized Valuation (TID-OUT) of $1,630,765,460 with annual growth of 2.00% thereafter.
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Impact represents the hypothetical change in mill rate for referendum debt service over the 2025-26 mill rate for referendum debt service of $2.42.
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Notes: Planning estimates only. Significant changes in market conditions will require some adjustments to the current financing plan. Rates are subject to change.
Within the North Eastern Conference, five districts had higher mill rates in 2025-26 than Marinette.
The Board of Education and administration respect property taxpayers' needs and balance them with our students' needs. Since 2015-16, MSD’s tax levy rate has fallen 35%, from $9.44 per $1,000 to $6.13 in 2025-26—even after voters approved a $30.9 million building referendum in 2020.
With an approved referendum this November, MSD’s mill rate would still be below what its mark in 2024.
