“Unexpected” $12,000,000 2012-2013 Increase in Madison’s Redistributed State of Wisconsin Tax Dollars
The 25.4 percent increase — from $43.3 million to $54.3 million — is the fifth-largest percent increase among the state’s 424 districts and by far the largest dollar amount increase.
Madison’s increase accounts for more than half of the $21.1 million increase in state aid for districts next school year.
School Board President James Howard said the development was good news, though he wouldn’t speculate whether the board would keep current spending levels or increase the preliminary $376.2 million budget when it takes up final approval of the tax levy in October.
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Howard, who was the only board member who voted against the preliminary budget, said he questions why the district was so far off in its state aid estimate, adding “there has always been discussion about why do we need to approve budgets so early.”Related: Notes and links on Madison’s 2012-2013 $374,700,000 budget.
