The $317 million ask is among the largest in the history of the state, according to state Department of Public Instruction data. It is surpassed only by Racine’s barely approved $1 billion question in April, which won by five votes, and Milwaukee’s $366 million 1993 question that failed.
Each of the comprehensive high schools would receive about $70 million for renovations under the plan, while the other funds would go toward the Capital High move, elementary school construction and $2 million earmarked for sustainability projects.
The second question on the ballot would provide MMSD with additional revenue authority above the state-imposed limit, phased in over four years. It would provide an additional $6 million in year one, an additional $8 million in year two, another $9 million in year three and $10 million more in year four. The district would then be able to surpass the revenue limit by $33 million in perpetuity thereafter.
The facilities referendum would add an average of $50 per $100,000 of property value each year in taxes for homeowners over its 22-year payoff period, according to the district. The operating referendum would add about $103 per $100,000 of property value in property taxes by the time it reaches year four, rising incrementally each year.