Governor explains how technical colleges benefit from surplus
March 3, 2014
From wxpr.com: “Governor: Tech schools to benefit from surplus” — The state’s budget surplus is likely to be used to help reduce local property taxes by more fully funding Wisconsin’s Technical College system.
During a stop Friday in Rhinelander, Governor Scott Walker says the plan would give direct property tax relief by picking up the majority of technical college costs from the local levy. Walker says the action would not affect local governance. “So it leaves governance up to the way it is so locally it’s determined but we have four school districts where the (levy) will be completely gone…Nicolet(Area Technical College in Rhinelander), Indianhead, Northeast, and Waukesha County Technical. We think that’s a good thing.”
Walker says the most rural technical colleges have unique concerns. “We look to the future, not only to invest in our technical schools to draw down the levy, we’ll be doing more for our schools in rural and high expansion and low density population district to try and of set property taxes as well.”
Officials say the average savings will be around $100 for a home worth $100,000.