From an analytical piece you won’t read about in the Journal Sentinel or see on your local TV News, the MacIver Institute reports on an issue school districts don’t want you to know about.
Homeowners in 148 school districts across Wisconsin will be getting an unexpected tax cut next year, but many of those districts would prefer to keep that a secret – and backfill those savings with new spending.
The reason for the tax cut is the termination of the Energy Efficiency Exemption (EEE). This loophole allowed school districts to raise taxes for supposed energy efficiency projects without going to referendum.
With the program eliminated, property taxes in those 148 school districts will automatically drop $92.3 million.
However, 21 of those districts see this as an opportunity to downplay the true tax impact of their referendums on next month’s ballot.
Read the entire article here.