K-12 Tax, Referendum & Spending Climate: Flight to suburbs boosts U.S. homebuilding

Lucia Mutukani:

“The numbers also verify that many people are leaving, or planning to leave, big cities as telecommuting becomes the norm for many businesses.”

Housing starts increased 17.3% to a seasonally adjusted annual rate of 1.186 million units last month, the Commerce Department said. The percentage gain was the largest since October 2016. Data for May was revised up to a 1.011 million-unit pace from the previously reported 974,000.

Still, homebuilding remains 24.3% below its February level. The South and the West accounted for about 75% of housing starts last month. Economists polled by Reuters had forecast starts increasing to a rate of 1.169 million units.

Let’s compare: Middleton and Madison Property taxes:

Madison property taxes are 22% more than Middleton’s for a comparable home, based on this comparison of 2017 sales.

Fall 2020 Administration Referendum slides. (

(Note: “Madison spends just 1% of its budget on maintenance while Milwaukee, with far more students, spends 2%” – Madison’s CFO at a fall 2019 referendum presentation.)

MMSD Budget Facts: from 2014-15 to 2020-21 [July, 2020]

Property taxes up 37% from 2012 – 2021.

MMSD Budget Facts: from 2014-15 to 2020-21
1. 4K-12 enrollment: -1.6% (decrease) from 2014-15 to projected 2020-21
2. Total district staffing FTE: -2.9% (decrease) from 2014-15 to proposed 2020-21
3. Total expenditures (excluding construction fund): +15.9% +17.0% (increase) from 2014-15 to proposed 2020-21
4. Total expenditures per pupil: +17.8% +19.0%(increase) from 2014-15 to proposed 2020-21
5. CPI change: +10.0% (increase) from January 2014 to January 2020
6. Bond rating (Moody’s): two downgrades (from Aaa to Aa2) from 2014 to 2020
Sources:
1. DPI WISEdash for 2014-15 enrollment; district budget book for projected 2020-21 enrollment
2. & 3.: District budget books
5. Bureau of Labor Statistics (https://www.bls.gov/data/)

– via a kind reader (July 9, 2020 update).

2017: West High Reading Interventionist Teacher’s Remarks to the School Board on Madison’s Disastrous Reading Results

Madison’s taxpayer supported K-12 school district, despite spending far more than most, has long tolerated disastrous reading results.

My Question to Wisconsin Governor Tony Evers on Teacher Mulligans and our Disastrous Reading Results

“An emphasis on adult employment”

Wisconsin Public Policy Forum Madison School District Report[PDF]

Booked, but can’t read (Madison): functional literacy, National citizenship and the new face of Dred Scott in the age of mass incarceration