K-12 Tax & Spending Climate: This is how everyone’s been doing since the financial crisis
The median household income in July was $52,113, according to a report by Sentier Research. That’s 6.2 percent lower than the median in September 2008, the start of the financial crisis. And there hasn’t been much growth since 2011.
That jibes with Saez’s research, which notes that incomes of the bottom 99 percent have fallen 12 percent in the recession and have grown just 0.4 percent in the recovery.Related: Madison Schools’ 2013-2014 budget includes a 4.5% property tax increase after 9% two years ago.
“Plenty of resources” and “the Madison School District has the resources to close the achievement gap“.
