Madison’s $40 wheel tax one step closer to reality
A proposed $40 vehicle registration fee cleared another hurdle Monday night when the Madison Finance Committee voted to recommend it as part of the city’s 2020 operating budget.
According to an article in the Wisconsin State Journal, the committee also voted against additional police officers and firefighters, and it sent a $340.7 million annual spending plan to the city council.
If approved by the city council, property taxes for city purposes would increase by $91, or 3.5 percent, on the average-value home.
Several alders would have supported raising property taxes higher but noted they are constrained by a state-imposed levy limit.