Voters approve $1.35 billion in building borrowing last year, study says

Voters in public school districts last year approved $1.35 billion in borrowing for building, the highest in at least 20 years, according to a Wisconsin Taxpayers Alliance report released today.
The heightened borrowing for new construction projects, which previously peaked at $1.04 billion in 1996, also coincides with the greater passage of referenda to exceed state-imposed revenue limits, the WisTax analysis found.
In 2016, 71 referenda that sought to override revenue limits were on voters' ballots, compared to an average of 41 per year from 2009-2013. And more of them are passing. Last year...

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