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The Madison school district would raise the property tax levy by 8.5% next year under its preliminary $609 million operating budget, which would include salary increases for veteran teachers, paid parental leave, more school safety staff and an expansion of community recreation facilities near West Towne Mall.
Property taxes for the average Madison home, valued at roughly $500,000, would increase by $311 or about 6.4%. Last year, the district’s property tax levy rose by 20.4% — the largest hike in more than three decades — following the passage of a facilities referendum and an operating referendum in 2024…