K-12 Tax, Referendum and Spending climate: Nashville could run out of cash due to confusion around property tax referendum, finance director says
Nashville could run dangerously low or “run out of cash altogether” just from the public confusion surrounding a referendum effort to repeal the city’s property tax increase, warns Metro Finance Director Kevin Crumbo.
Crumbo’s remarks were made to Metro Council’s budget committee Monday, hours after Mayor John Cooper and other city leadership went on the offense against a petition they say, if successful, would “cripple” the city and gut essential services.
Madison has a substantial tax & spending increase referendum on the November, 2020 ballot, including a new school building amidst declining enrollment.
2020 Referendum: Commentary on adding another physical Madison School amidst flat/declining enrollment..
2020 tax and spending increase referendum notes and links.
A presenter [org chart] further mentioned that Madison spends about $1 per square foot in annual budget maintenance while Milwaukee is about $2. – October 2019 presentation. Milwaukee taxpayers plan to spend $1.2B for 75,234 students, or $15,950 per student, about 16% less than Madison.
Taxpayers have long supported the Madison School District’s far above average spending, while tolerating our long term, disastrous reading results.
