A special study committee created to try to curb a practice that has resulted in shifting property taxes from “big box” retailers and pharmacy chains onto homeowners and small businesses may hold its final meeting tomorrow and a measure affecting schools is on its agenda.
The Legislative Council Study Committee on Property Tax Assessment Practices has thus far not to be able to resolve key differences among its members over what to do about these practices that have handcuffed local property assessors and municipalities. The study committee is set to meet at 10:00 a.m. tomorrow (Dec. 11) in Room 412 East, State Capitol. Continue reading “Dark Store” study committee to meet tomorrow, perhaps for final time
The widespread success of school district referendums wasn’t the only referendum story to come out of the Nov. 6 election. Voters in a record number of municipalities also approved referenda to exceed state-imposed levy limits that restrict how much property tax revenue municipalities and counties can raise without voter approval. Voters also approved advisory referenda aimed at quelling a burgeoning dispute between “big box” retailers and big pharmacy chains and local property assessors in every jurisdiction where such a question was on the ballot. Continue reading School referenda results weren’t the only big story on Nov. 6
Voters gave overwhelming approval to local referendum requests to exceed state-imposed revenue limits yesterday.
A total of 38 operating referenda were on the Nov. 6 ballot.
According to media reports, voters approved 21 of 24 ballot questions (87.5 percent) seeking approval of non-recurring revenue limit exemptions and approved 13 of 14 questions (93 percent) asking for recurring exemptions to the revenue limit. (Results at this point are unofficial.)
Continue reading School operating referenda passage rates rise again
Voters throughout Wisconsin showed continued strong support for new and better school facilities yesterday. According to media reports, voters gave their approval to at least 41 of the 44 (93 percent) of the referendum requests to borrow money for school improvements. (One result, in the Big Foot UHS district, is considered by some in the media to be too close to call, although “yes” votes lead “no” votes in unofficial results on that question.)
Continue reading Referendum success continues with big day for debt-issuance questions
Next Tuesday, Nov. 6, is the Fall General Election. In this month’s tip we will provide information on how to determine who is on your ballot and how to research their positions on the issues.
What’s on the ballot on Tuesday?
Continue reading November Advocacy Tip: VOTE on Tuesday!
A new memorandum prepared by the non-partisan Legislative Fiscal Bureau (LFB) at the request of state Senator Jennifer Shilling (D-La Crosse) finds that the property tax bill estimate for taxes levied in 2017 and payable in 2018 for the statewide median-valued home is $27 higher than earlier estimated.
The new LFB memo updates an estimate of the property tax bill on the statewide median-valued home for the same tax year that was prepared when the state budget (2017 Wisconsin Act 59) was signed into law in September 2017. The new memo is based on final property tax levies and property tax credit distributions. Both memos used actual equalized property valuations.
The new memo shows the net tax bill on the median-valued home rose from $2,852 in 2016 to $2,876 in 2017, an increase of $24. The earlier memo had estimated a decrease of $3.
Continue reading New LFB memo finds last year’s property tax bill on median-valued state home $27 higher than originally estimated
The Nov. 6 ballot will include 82 referenda questions in 61 school districts.
Over half (44) of these ballot requests will ask voters to approve the issuance of debt. If all are approved, those requests would provide $1.25 billion for improvements to school facilities. The requests come on top of the $515.8 million in debt issuance approved by voters via local school district referenda earlier this year.
The remaining 38 referenda on the November ballot are for operating purposes. Of these, 24 seek approval of non-recurring revenue limit exemptions adding up to $157 million; while 14 ask for recurring exemptions to the revenue limit totaling $26.1 million.
Continue reading 2018 could be record year for school referenda