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Karl Green, Program Manager, Local Government Education Program, UW-Extension, presented on a recent "Renewing a Sustainable and Equitable State and Local Government Funding Partnership" report to the Town Board on March 8, 2023.  Conclusions from the report:
-  State cuts to shared revenues have increased reliance on the property tax.
-  Levy Limits incentivize using general oblibation debt as an immediate-term method to fund capital costs.
-  Reliance on user fees remains steady despite their regressive nature and state limitations on some uses.
-  Eliminating the shared revenue formula has reduced fairness.
-  Increase state tax revenues are generating >$7B tax surplus, but yet to share with county/local municipalities.


To view the full report:  Report link