C.T. Kruger/Now News Group
Wisconsin voters are being to approve more than $1 billion worth of spending on buildings and other priorities in referendums this November.
State Senator Duey Stroebel from Saukville takes exception. Stroebel says the construction industry is taking advantage of school referendums that essentially overspend. He wrote a column in the Daily Reporter about his continuing fight for referendum reform.
Since 2015, there have been $4 billion worth of construction-debt referendums passed in Wisconsin. There are another $1.4 billion on the ballot this November. In the two state budgets passed covering 2015 to 2019, the total bonding authorized being underwritten by tax receipts totals $2.63 billion. If the lion’s share of referendums pass this November, it is possible Wisconsin will have borrowed twice as much money for school construction as for all other state purposes in roughly the same four-year timeframe.
I have advocated, and will continue to advocate, for reforms to provide greater transparency in the referendum process and to remove policies that incentivize overspending. Among these reforms are…
Read the entire column, including Stroebel’s common sense reforms here.