The analysis comes on the heels of a 2012-13 budget for the district proposed by Nerad that would increase Madison School District property taxes by 4.1 percent. Nerad’s $379.3 million budget did not specify a funding source for his high-profile plan to raise the achievement levels of low-income and minority students, originally estimated to cost $105.6 million over the next five years.
The report outlines several options for doubling the district’s maintenance funds, such as using money already within the district’s budget, increasing the property tax levy, using current and future equity reserves, long-term borrowing, or asking voters to approve a referendum that would allow for annual increases for maintenance.
The district spends $4.5 million, or 2.77 percent of its budget, on facility maintenance, which the committee recommended increasing by $4.2 million.
That would amount to $566 per pupil, according to the report. By contrast, the Monona Grove school district spends $1,825 per pupil on facility costs; Sun Prairie schools spend $1,787; and Waunakee spends $1,443, the report said.
Related regarding the most recent Madison School District maintenance referendum: Madison School Board member may seek audit of how 2005 maintenance referendum dollars were spent.