Wisconsin Legislative Fiscal Bureau Releases Redistributed Tax Dollar & Property Tax Growth Limitation Change Memos for School Districts

Greg Bump:

The Legislative Fiscal Bureau this afternoon released a host of memos analyzing Gov. Scott Walker’s 2011-13 budget and its impact on local government aids.
The memos outline the budget’s impact on county and municipal aid, general transportation aid to counties and municipalities, state aid and levy information for technical college districts, and potential savings to local governments due to increase employee contributions to the Wisconsin Retirement System.
According to the LFB, the bill would reduce total funding for calendar year 2012 payments by $96 million, $59.5 million for towns, villages and cities, and $36.5 million for counties.