2024 referendum keeps MMSD’s budget balanced, for now
The average Madison teacher will get more than a 5 percent raise this school year, under the final budget the school board approved Monday. At more than 600 million dollars in total spending, it leans on an increase in the tax levy to make up for dwindling state aid. Bob Soldner, the district’s assistant superintendent of financial services, joined our News Producer Faye Parks earlier today to go over the numbers. He said that, with help from a referendum Madison voters approved in 2024, MMSD’s budget is healthier than years past. But another referendum could be on the horizon, if state…
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