Local School Tax & Spending Climate Update

Two links on local and state taxes (some have implications on future state tax redistribution for schools):

• Wisconsin Faces a $1.6B structural deficit by Steven Walters:

  A report made public today [Wisconsin DOA 2007-2009 Budget Reports] identifies a $1.6 billion gap between what state officials say they need to run their agencies over the next two years and what taxes and other revenues will bring in over that period.

• Dane County Properties Taxes increase 4.88% by Channel3000:

  Without a veto, Dane County Executive Kathleen Falk signed the $450 million county budget that she said protects public safety, human services and the environment.
  Audio: Falk Signs Budget, Declines Comment On AG Race (MP3 Format)
  For the average $240,000 Madison homeowner, the county portion of the property tax will increase by almost $16, which represents a 4.88 percent increase, WISC-TV reported.

Locally, the Madison School District's property tax assessments will go up less than the County, about 3.2%.

Posted by Jim Zellmer at November 21, 2006 12:46 PM
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