With 2 property tax hikes on Madison ballots, city leaders add another

By Allison Garfield

The mayor said the referendum is “the only budgetary path in 2025 that protects our values as a community, while we work to address the chronic underfunding of local governments at the state level.”

“I’m glad the council agreed that putting that issue to the voters is the right thing to do,” Rhodes-Conway said.

The November election will be historic, marking the first time Madison voters will be asked to consider property tax referendums from both the Madison school district and the city. Madison school district leaders will ask voters to approve over $600 million through two referendums, estimating the measures would bump the average homeowners’ property taxes by over $1,000 in a few years.

If voters reject the city’s referendum in November, Rhodes-Conway forecasted the city would need to slash $6 million in services next year and the following year, and bigger cuts would follow later on. By 2030, she said the city would face a $63 million budget deficit, requiring more than $20 million in cuts to services on top of other measures, such as dipping into rainy day funds and hiking fees for certain government services.

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Notes on Madison’s tax and $pending increases amidst declining enrollment.

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Madison taxpayers of long supported far above average K – 12 spending.

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