Commentary on Madison’s November 2016 Tax & Spending Increase Referendum
The district wants to permanently exceed state-imposed revenue limits by $26 million each year into perpetuity. The additional taxing authority would be phased in over four years, beginning this year. Over those four years, the additional cost to the owner of an average-priced home in the district — currently $254,548 — is estimated to average $35.76 annually.
