Madison School tax increase lower than expected

Jason Stein:

Madison homeowners received some good news Thursday -- a continued state budget impasse wouldn 't affect their property taxes as much as expected.

Figures released by the Madison School District show that a failure to pass a state budget for 2007-09 -- and provide more aid for schools -- could drive up property taxes by as much $12 on the average home. That 's just a fraction of an August estimate by Gov. Jim Doyle 's budget office that suggested property taxes from schools would rise by up to $48 on that same Madison home if the Legislature fails to pass a new two-year budget.

The state budget is now 110 days late.

Posted by Jim Zellmer at October 19, 2007 5:47 AM
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