Even though a proposed Milwaukee Public Schools budget released Thursday calls for no increase in overall core spending next year, the property tax levy increase might still reach double digits – a year after a 14.6% jump.
The new budget proposal answers two big questions about MPS, and leaves two others unanswered.
Unanswered: How much will property taxes go up? Michael Bonds, chair of the School Board’s finance committee, said this week that he won’t vote for anything over 10%. But the board may find itself debating something in that range after the state budget is set and other factors play out. Or, as the budget documents say: “Despite the district’s efforts to contain costs, the budget likely will require a significant property tax increase.”
Unanswered: What about the nearly $100 million in federal economic stimulus money coming to MPS over the coming two years, according to an announcement by Gov. Jim Doyle on Thursday? Stay tuned – a second budget proposal will be made by mid-May, Superintendent William Andrekopoulos said. It appears it won’t call for citywide use of the “year-round” school calendar and longer days for elementary students, but it is likely to make steps in those directions, along with other initiatives that would draw on stimulus money.
But that money is not expected to help with property taxes.