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April 14, 2012

Proposed Madison school budget would hike taxes 4.1%; flat last year, 9% 2 years ago

Matthew DeFour:

Madison School District property taxes would increase 4.1 percent, or about $10 million, under superintendent Dan Nerad's proposed 2012-13 budget.

The increase would be a change from last year's $245 million school property levy, which was a slight decrease from the previous year.

The district estimates a $255 million levy would increase property taxes by $108 on an average Madison home. However, updated property assessments for the city won't be available until the end of next week, city assessor Mark Hanson said.

The $379.3 million proposed budget would increase total spending by $6.3 million, or 1.7 percent, from this past year's budget.

The district is increasing property taxes partly to keep up with state-imposed revenue limits and qualify for additional state aid, Nerad said.

Notes and links on the 2010-2011 and 2011-2012 budgets.

Posted by Jim Zellmer at April 14, 2012 2:37 AM
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