Madison Mayor Dave Cieslewicz:

“Contrary to what some have claimed, this is not a ‘fully-funded freeze’. Such a freeze would have increased shared revenues to reflect the rising costs for providing basic services, and account for inflation in the freeze formula itself. This budget does neither. Adjusting for inflation, this year’s budget effectively cuts our shared revenue payment by 6%, on the heels of a 16% shared revenue cut in the prior budget.
“While city government continues to tighten its belt, property taxes rise faster than inflation because more of our budget must be borne by the property tax. Fifteen years ago property taxes made up 54% of Madison’s budget. Today, thanks to continually eroding state aids, property taxes make up almost 70% of our budget. In other words, what is truly driving property taxes is not increased spending, but cuts in state aids.