In what's getting to be a familiar scenario, Wisconsin has becomethe latest state to give property tax payers a break when it comes tofinancing public schools.
Under a bill signed Monday by Gov. Tommy G. Thompson,Wisconsin's share of local school funding will increase to two-thirdsfrom the present 42 percent (compared with Illinois' miserlyone-third). The move is expected to produce about $1 billion forlocal property tax relief. The source of the additional fundsremains a partisan issue, but natural revenue growth, state spendingcuts and higher state income and sales taxes are named aspossibilities.
The law is …
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