Weekly Fiscal Facts are provided by the Wisconsin Policy Forum, the state’s leading resource for nonpartisan state and local government research and civic education. The Wisconsin Public Policy Forum logo can be downloaded here.
Nearly $600 Million in School Referenda on April 3rd Ballot
The biggest financial impact of this spring’s elections may be felt by taxpayers in school districts where referenda to borrow money or exceed state-imposed revenue limits are on the ballot. Thirty school districts are asking spring voters to approve borrowing a total of $596.3 million.
Twenty-six districts are seeking $109.4 million in time-limited exemptions from state-imposed revenue caps, and seven districts are asking for $6.3 million in ongoing exemptions from the caps. Voter approvals of school referenda have risen from about 50 percent during 1995-2010 to roughly 75 percent in recent years.
This information is a service of the Wisconsin Policy Forum, the state’s leading resource for nonpartisan state and local government research and civic education.
