As a homeowner with three kids, I know all too well the extent of our tax burden. It’s over $6,500 for the average home. Of that amount, about $2,500 are taxes for city services with the remainder supporting our schools and Dane County.
The city can’t simply cut our way to a lower tax burden as essential services need adequate funding. But the city must explore ways to reduce the cost of living in our beautiful city.
More than that, the city has to look to creative options to expand our resources. Unique partnerships with private entities might play a role. We can use the Affordable Housing Trust Fund to help keep people in their homes. We can look at novel approaches to using municipal bonds and other tools to meet community objectives.