Wisconsin · Oconomowoc · Waukesha County · CESA 01

Oconomowoc Area School District

District briefing, fall 2026: enrollment, achievement, finances and property taxes.

On the ballot · November 3, 2026

Oconomowoc Area School District: one referendum question

Shall the Oconomowoc Area School District, Waukesha, Jefferson and Dodge Counties, Wisconsin be authorized to exceed the revenue limit specified in Section 121.91, Wisconsin Statutes, by $3,000,000 for the 2027-2028 school year; by an additional $2,000,000 (for a total of $5,000,000) for the 2028-2029 school year; by an additional $2,000,000 (for a total of $7,000,000) for the 2029-2030 school year; by an additional $2,500,000 (for a total of $9,500,000) for the 2030-2031 school year; and by an additional $2,700,000 for the 2031-2032 school year (for a total of $12,200,000 and to remain at that amount thereafter), for recurring purposes consisting of operational and maintenance expenses?

Source: sample ballot

Enrollment
5,422
2024-25
Revenue-limit members
5,132
2025-26 funding count
Enrollment, 5 yr
−3.6%
headcount change · peers +4.4%
Forward ELA z
+1.25
last 3 tested years
Cost / member
$16,600
2024-25
Mill rate
5.79
statewide K-12 6.90
Home value
+6%
5-yr avg vs. 30 nearby districts
Teachers staying
81%
2025-26
Enrollment

5,422 students in 2024-25, −3.6% over five years while the regional peer median moved +4.4%.

Achievement

Forward Exam results average +1.25 (ELA) and +1.47 (math) on a z scale over the last three tested years, where 0 is the average Wisconsin district. ACT composite: 21.2 against a statewide median of 19.2.

Spending

$16,600 total cost per member in 2024-25, in line with the regional peer median of $16,598 and below the statewide median of $18,324.

Taxes

The school tax rate is 5.79 mills (2025-26), against a statewide K-12 median of 6.90; the 2025-26 levy is $63.1M, 16% of it referendum-approved debt.

Revenue limit

$12,539 per member under the state revenue limit, against a statewide K-12 median of $13,575; voters have decided 4 operating questions, passing 0, most recently Sep 2002 (non-recurring, failed).

Oconomowoc enrolled 5,422 students in 2024-25 (September membership). Since 2009-10 its enrollment has grown 9%; the median regional peer shrank 2% and the median Wisconsin district shrank 12%. The chart indexes each series to its 2009-10 level. Private schools inside the district's boundaries enroll 9.2% of school-age children (2024-25), against 9.7% in the median district.

OconomowocRegional peers (median)Wisconsin (median district)
11811010193842009-102013-142017-182024-25

Students, 2025-26

Student group2025-262020-21Median WI district
Students with disabilities12.8%10.5%16.6%
English learners1.3%1.7%2.4%
Economically disadvantaged15.3%20.5%36.7%
White87.5%89.0%85.3%
Hispanic7.0%5.7%6.8%
Two or More3.6%3.1%3.9%
Black1.0%1.0%1.0%
Asian0.9%1.1%0.9%
Amer Indian0.0%0.1%0.4%
Pacific Isle—0.0%0.1%

Community (ACS 2024)

MeasureOconomowocMedian WI district
Median household income$110,848$77,317
Poverty rate5.9%8.3%
Adults with a bachelor's degree or more46.6%25.4%
Households with children26.8%25.9%
Residents 65 and older21.9%20.5%
Median home value$411,400$241,800

Home values against nearby districts

Across the five most recent Census releases (2016–20 to 2020–24), the median owner-occupied home in Oconomowoc averaged $356,560, 6% above the median of the 30 nearest districts (all within 22 miles) ($337,920). That ranks 15th of 31 in the area and at the 91st percentile of Wisconsin districts (state median $205,920).

ACS 5-year releaseOconomowocNearby medianDifferenceWisconsin median
2016–20$301,200$283,700+6%$172,200
2017–21$316,600$294,600+7%$182,750
2018–22$365,400$342,350+7%$210,250
2019–23$388,200$371,350+5%$227,050
2020–24$411,400$397,600+3%$241,800
Five-release average$356,560$337,920+6%$205,920

U.S. Census Bureau American Community Survey 5-year estimates, median value of owner-occupied homes (table B25077), in nominal dollars. Consecutive releases share four of their five survey years, so the average is a smoothed level rather than five independent years. Nearby districts are those whose NCES office address lies within 25 miles of Oconomowoc's, limited to the 30 nearest: Swallow (7 mi, $683,900); Stone Bank (5 mi, $485,900); Lake Country (5 mi, $470,680); Merton Community (9 mi, $443,200); Arrowhead UHS (7 mi, $439,640); North Lake (7 mi, $422,640); Richmond (11 mi, $417,520); Kettle Moraine (8 mi, $408,180); Holy Hill Area (18 mi, $397,360); Elmbrook (18 mi, $384,460); Hartland-Lakeside J3 (8 mi, $375,480); Erin (12 mi, $375,140); Mukwonago (17 mi, $366,800); Hamilton (15 mi, $356,640); Germantown (22 mi, $342,400); Pewaukee (11 mi, $333,440); Slinger (19 mi, $324,220); Hartford UHS (15 mi, $293,840); Waukesha (13 mi, $293,300); East Troy Community (22 mi, $291,540); Johnson Creek (15 mi, $291,380); Menomonee Falls (20 mi, $291,260); Wauwatosa (21 mi, $290,040); Lake Mills Area (22 mi, $286,800); Palmyra-Eagle Area (16 mi, $272,200); Herman-Neosho-Rubicon (15 mi, $265,320); Hustisford (18 mi, $261,020); Hartford J1 (16 mi, $259,820); Jefferson (18 mi, $235,700); Watertown Unified (14 mi, $208,720).

Enrollment and the funding count

Wisconsin's revenue limit, which caps what a district may raise from general state aid and the property tax combined, is set per member using a three-year rolling average of membership: each September's full-time-equivalent count plus 40% of summer-school FTE. Oconomowoc's revenue-limit membership for 2025-26 is 5,132.

School yearEnrolled studentsRevenue-limit membershipPer enrolled student
2020-215,3285,3731.01
2021-225,4415,2950.97
2022-235,4895,2270.95
2023-245,4395,2210.96
2024-255,4225,1770.95
2025-26—5,132—

DPI revenue limit worksheets (three-year average membership) and DPI September membership. Years without a membership count show a dash.

In spring 2025, 71% of Oconomowoc students met or exceeded Forward standards in ELA and 76% in math, against 54% and 57% in the median Wisconsin district.

On a z scale, which puts every year on the same footing across the 2023-24 rescaling, Oconomowoc averaged +1.25 in ELA and +1.47 in math over the last three tested years, against +0.28 and +0.90 in its first three years on file.

OconomowocRegional peers (median)Average Wisconsin district (0)

ELA

+1.83+1.37+0.91+0.460.002015-162019-202024-25

Math

+1.84+1.38+0.92+0.460.002015-162019-202024-25

Wisconsin rescaled the Forward Exam in 2023-24. Z-scores standardize each year's result against every comparable district that year (0 = the average district; +1 = one standard deviation above), so years on either side of a test or cut-score change can be compared. Testing was canceled in spring 2020.

Attendance, ACT, college-going and discipline

MeasureOconomowocRegional peersWisconsin medianYear
Attendance rate93.9%94.9%94.3%2024-25
Chronic absenteeism11.5%8.0%10.9%2024-25
ACT composite (grade 11)21.221.919.22024-25
Enrolled in college the first fall100.0%100.0%100.0%2024-25
Suspensions and expulsions per 1,00026.830.233.02024-25

DPI WISEdash files. Chronic absenteeism = share of students missing 10% or more of enrolled days.

Oconomowoc's total cost per member was $16,600 in 2024-25, against $16,598 for the median regional peer and $18,324 for the median Wisconsin district. Local property tax paid for 65% of revenue, against 38% statewide.

OconomowocRegional peers (median)Wisconsin (median district)
$19,272$16,825$14,378$11,932$9,4852006-072010-112014-152018-192024-25

The revenue limit allows $12,539 per member for 2025-26, below the statewide K-12 median of $13,575 and below the regional peer median of $13,218. The limit counts general state aid and the property tax together, so state aid changes move the levy rather than total revenue. Voters have decided 4 operating questions, passing 0, most recently sep 2002 (non-recurring, failed).

OconomowocRegional peers (median)Wisconsin (median district)
$14,165$12,641$11,117$9,593$8,0692005-062009-102013-142017-182021-222025-26

Total district cost per member and revenue shares: DPI comparative cost data. Revenue limit: DPI revenue limit worksheets; statewide comparison is K-12 districts only.

The district's 2025-26 levy is $63.1M, at a rate of 5.79 mills per $1,000 of equalized value (statewide K-12 median 6.90). 16% of the levy repays referendum-approved debt (Fund 39).

Levy yearTotal levyGeneral fund (Fund 10)Referendum debt (Fund 39)Mill rate
2020-21$58.1M$49.0M$8.5M8.99
2021-22$58.9M$50.0M$8.3M8.53
2022-23$65.0M$47.7M$16.7M8.25
2023-24$56.6M$44.4M$11.2M6.09
2024-25$61.5M$47.8M$12.8M6.14
2025-26$63.1M$51.9M$10.2M5.79
OconomowocRegional peers (median)Wisconsin (median district)
11.599.998.386.775.172006-072010-112014-152018-192025-26

The median residential property-tax bill inside the district, all governments, was $4,476 in 2025 (statewide median $2,766). The full bill on the median home comes to 3.9% of median household income, and the school portion on that home ($411,400) is about $2,526.

Property tax on the median home, by taxing authority, payable 2026

A home at Oconomowoc's median value, about $570,000 at the current assessment, owes roughly $5,390 in property tax for taxes payable 2026. The school district's part is $3,300 (54% before credits); the rest goes to the county, the city, village or town, the technical college district and special districts such as sanitary and lake districts, less the state's school levy tax credit. That bill is $400 less than the average regional peer's median home.

Taxing authorityOconomowocRegional peers (average)
School district$3,300 54%$3,210 50%
Technical college$150 2%$230 4%
County$900 15%$770 12%
City, village or town$1,550 26%$1,840 29%
Special districts$190 3%$380 6%
State school levy tax credit−$700−$640
Total$5,390$5,790
Median home value$570,000$479,000

Each column is the tax on that district's own median home; peer columns average the districts in the group. The percentage is each authority's share of the bill before credits.

The same $570,000 home at each group's tax rates

Holding the house constant separates tax rates from home values. Taxed at Oconomowoc's rates the home owes $5,390; at the regional peers' rates it would owe $7,320 on average.

Taxing authorityOconomowocRegional peers (average)
School district$3,300 54%$3,870 48%
Technical college$150 2%$280 4%
County$900 15%$1,000 12%
City, village or town$1,550 26%$2,370 29%
Special districts$190 3%$550 7%
State school levy tax credit−$700−$770
Total$5,390$7,320
Tax as a share of home value0.95%1.28%

Wisconsin Department of Revenue, Town, Village and City Taxes, 2025 levies (taxes payable 2026): each taxing body's levy over the full value it is spread on. The school rate is the district's own levy over its equalized value; county, municipal, technical college and special-district rates are averages over the towns, villages and cities the district covers, weighted by its value in each, so a home in any one of them pays somewhat more or less. The school levy tax credit is the state-paid credit DOR spreads by municipality; the lottery and gaming credit and first dollar credit, applied per parcel, are not included. Median home value: Census ACS 2024 5-year median for owner-occupied homes, brought to January 1, 2025 values by the change in the district's TIF-out equalized value since 2022. The parcel-based median bill above runs lower because it covers every residential parcel, including vacant lots, condominiums and smaller homes, and is net of the per-parcel credits.

Levy by fund and equalized value: DPI and Department of Revenue. Typical bill: parcel-level residential bills inside the district boundary; school portion applies the school mill rate to the ACS median home value and is an estimate.

Voters have decided 17 referendum questions since 1994 and approved 7.

ElectionTypePurposeAmountYesResult
Apr 2023CapitalSchool building and facility improvement project at the High School consisting of: reno...$36.8M44.9%Failed
Apr 2023CapitalSchool building and facility improvement project consisting of: building systems and ca...$38.6M55.2%Passed
Nov 2016Capitaldistrict-wide building and improvement project consisting of: construction and equippin...$54.9M55.2%Passed
Nov 2006Capitaltwo 5-8 schools, addition of auditorium and gymnasium to existing high school and refin...$49.6M62.5%Passed
Sep 2002Operatingmaintain or reduce class sizes, replace outdated computers, maintain district facilities$4.4M40.7%Failed
Sep 2002Capitalconstruct and equip new MS$23.5M45.9%Failed
Feb 2001CapitalNew Elementary school$9.4M33.6%Failed
Feb 2001Operatingnon-recurring purposes$8.8M34.9%Failed
Feb 2001CapitalAuditorium$4.6M38.2%Failed
Feb 2001CapitalNew middle school$22.6M45.4%Failed
Feb 2001CapitalNew Elementary school$9.9M51.8%Passed
Nov 2000Operatingoperating expenses$0.5M35.0%Failed
Nov 2000Operatingrecurring purposes$0.9M35.0%Failed
Nov 2000Capitalacquire land; construct 2 new elem schools and 1 MS; add auditorium at HS; technology, ...$44.5M43.4%Failed
May 1995Capitalhs add, ms add$12.8M53.3%Passed
Nov 1994Capitalbasically general maintenance$1.4M53.5%Passed
Jul 1994CapitalNA$1.5M50.2%Passed

DPI referenda file, 1993 onward.

81% of Oconomowoc's teachers stayed in the district into 2025-26, against 90% for the median regional peer and 91% statewide; 16% left Wisconsin public schools. Average teacher salary was $66,676, against $73,582 for the median peer and $61,273 statewide.

OconomowocRegional peers (median)Wisconsin (median district)
94%91%87%84%80%2016-172018-192020-212022-232024-25

Staff by role, 2016-17 to 2025-26

RoleHeadcount, firstHeadcount, lastChangePeer median change
Administrators2625−4%0%
Teachers325340+5%+3%
Aides/Paraprofessionals136141+4%+6%
Pupil Services2933+14%+24%
Other16068−58%+7%

DPI All Staff files: distinct people by role. Peer median change across the regional peers.

DPI All Staff files, person-level, linked year to year.

Wherever this briefing sets Oconomowoc beside other districts, it uses the group below. A group figure is the middle value across its members (the property-tax tables on the median home use the average instead), each counted equally, so one large member cannot dominate it.

Regional peers 12 districts

The 12 Wisconsin districts of the same type most like Oconomowoc on four measures: distance and CESA (30% of the weight), total cost per member (30%), the Census child poverty rate (25%) and locale, meaning city, suburb, town or rural (15%). Districts under 400 students are not eligible.

DistrictCountyCESALocaleMiles awayEnrollmentCost per member
Kettle MoraineWaukesha01Suburb103,320$18,796
PewaukeeWaukesha01Suburb142,750$15,417
HamiltonWaukesha01Suburb165,401$15,355
GermantownWashington01Suburb204,035$14,404
Menomonee FallsWaukesha01Suburb204,066$17,052
ElmbrookWaukesha01Suburb208,124$16,005
West Allis-West MilwaukeeMilwaukee01Suburb268,149$16,599
Muskego-NorwayWaukesha01Suburb264,758$16,787
WhitnallMilwaukee01Suburb262,110$17,236
Mequon-ThiensvilleOzaukee01Suburb273,585$17,919
CedarburgOzaukee01Suburb283,066$15,583
GreenfieldMilwaukee01Suburb293,759$16,597

“Wisconsin median” is the middle value across Wisconsin districts; property-tax and revenue-limit comparisons use K-12 districts only, because elementary and union high school districts overlap the same territory.