AB466, s. 2 5Section 2. 66.0602 of the statutes is created to read:
AB466,5,6 666.0602 Local levy limits. (1) Definitions. In this section:
AB466,5,107 (a) "Debt service" includes debt service on debt issued or reissued to fund or
8refund outstanding municipal or county obligations, interest on outstanding
9municipal or county obligations, and related issuance costs and redemption
10premiums.
AB466,5,1111 (b) "Political subdivision" means a city, village, town, or county.
AB466,5,1712 (c) "Valuation factor" means a percentage equal to the percentage change in the
13political subdivision's January 1 equalized value due to new construction less
14improvements removed between the year before the previous year and the previous
15year, but not less than zero. In determining the valuation factor, the department of
16revenue shall exclude the value increment, as defined in s. 66.1105 (2) (m), of any tax
17incremental district that is located in the political subdivision.
AB466,5,21 18(2) Levy limit. Except as provided in subs. (3), (4), and (5), no political
19subdivision may increase its levy in any year by a percentage that exceeds the
20political subdivision's valuation factor. In determining its levy in any year, a city or
21village shall subtract any tax increment that is calculated under s. 66.1105 (2) (i).
AB466,6,2 22(3) Exceptions. (a) If a political subdivision transfers to another governmental
23unit responsibility for providing any service that the political subdivision provided
24in the preceding year, the levy increase limit otherwise applicable under this section
25to the political subdivision in the current year is decreased to reflect the cost that the

1political subdivision would have incurred to provide that service, as determined by
2the department of revenue.
AB466,6,83 (b) If a political subdivision increases the services that it provides by adding
4responsibility for providing a service transferred to it from another governmental
5unit that provided the service in the preceding year, the levy increase limit otherwise
6applicable under this section to the political subdivision in the current year is
7increased to reflect the cost of that service, as determined by the department of
8revenue.
AB466,6,149 (c) Except as provided in par. (f), if a city or village annexes territory from a
10town, the city's or village's levy increase limit otherwise applicable under this section
11is increased in the current year by an amount equal to the town levy on the annexed
12territory in the preceding year and the levy increase limit otherwise applicable under
13this section in the current year for the town from which the territory is annexed is
14decreased by that same amount, as determined by the department of revenue.
AB466,6,2015 (d) 1. If the amount of debt service for a political subdivision in the preceding
16year is less than the amount of debt service needed in the current year, as a result
17of the political subdivision adopting a resolution before July 1, 2003, authorizing the
18issuance of debt, the levy increase limit otherwise applicable under this section to the
19political subdivision in the current year is increased by the difference between these
20two amounts, as determined by the department of revenue.
AB466,7,221 2. The limit otherwise applicable under this section does not apply to amounts
22levied by a political subdivision for the payment of any general obligation debt
23service, including debt service on debt issued or reissued to fund or refund
24outstanding obligations of the political subdivision, interest on outstanding
25obligations of the political subdivision, or the payment of related issuance costs or

1redemption premiums, authorized on or after July 1, 2003, by a referendum and
2secured by the full faith and credit of the political subdivision.
AB466,7,53 (e) The limit otherwise applicable under this section does not apply to the
4amount that a county levies in that year for a county children with disabilities
5education board.
AB466,7,146 (f) If a city or village which has been providing services for a fee to property
7located in a town for at least 10 years, annexes territory from that town, the city's
8or village's levy increase limit otherwise applicable under this section is increased
9in the current year by an amount equal to the city's or village's mill rate applied to
10the current assessed value of the annexed territory, and the levy increase limit
11otherwise applicable under this section in the current year for the town from which
12the territory is annexed is decreased by the town's mill rate applied to the assessed
13value of the annexed territory as of the last year that the territory was subject to
14taxation by the town, as determined by the department of revenue.
AB466,7,1615 (g) The limit otherwise applicable under this section does not apply to the
16amount that a 1st class city levies for school purposes.
AB466,7,25 17(4) Referendum exception. (a) A political subdivision may exceed the levy
18increase limit under sub. (2) if its governing body adopts a resolution to that effect
19and if the resolution is approved in a referendum. The resolution shall specify the
20proposed amount of increase in the levy beyond the amount that is allowed under
21sub. (2). With regard to a referendum relating to the 2003 or 2005 levy, the political
22subdivision may call a special referendum for the purpose of submitting the
23resolution to the electors of the political subdivision for approval or rejection. With
24regard to a referendum relating to the 2004 levy, the referendum shall be held at the
25next succeeding spring primary or election or September primary or general election.
AB466,8,3
1(b) The clerk of the political subdivision shall publish type A, B, C, D, and E
2notices of the referendum under s. 10.01 (2). Section 5.01 (1) applies in the event of
3failure to comply with the notice requirements of this paragraph.
AB466,8,124 (c) The referendum shall be held in accordance with chs. 5 to 12. The political
5subdivision shall provide the election officials with all necessary election supplies.
6The form of the ballot shall correspond substantially with the standard form for
7referendum ballots prescribed by the elections board under ss. 5.64 (2) and 7.08 (1)
8(a). The question shall be submitted as follows: "Under state law, the increase in the
9levy of the .... (name of political subdivision) for the tax to be imposed for the next
10fiscal year, .... (year), is limited to ....%, which results in a levy of $.... Shall the ....
11(name of political subdivision) be allowed to exceed this limit and increase the levy
12for the next fiscal year, .... (year), by a total of ....%, which results in a levy of $....?".
AB466,8,1713 (d) Within 14 days after the referendum, the clerk of the political subdivision
14shall certify the results of the referendum to the department of revenue. The levy
15increase limit otherwise applicable to the political subdivision under sub. (2) is
16increased in the next fiscal year by the percentage approved by a majority of those
17voting on the question.
AB466,8,24 18(5) Exception, certain towns. A town with a population of less than 2,000 may
19exceed the levy increase limit otherwise applicable under this section to the town if
20the annual town meeting or a special town meeting adopts a resolution to that effect.
21The limit otherwise applicable to the town under sub. (2) is increased in the next
22fiscal year by the percentage approved by a majority of those voting on the question.
23Within 14 days after the adoption of the resolution, the town clerk shall certify the
24results of the vote to the department of revenue.
AB466,9,2
1(6) Sunset. This section does not apply beginning 3 years after the effective
2date of this subsection .... [revisor inserts date].
AB466, s. 3 3Section 3. 121.905 (1) of the statutes, as affected by 2003 Wisconsin Act 33,
4is amended to read:
AB466,9,85 121.905 (1) In this section, "revenue ceiling" means $6,900, except that
6"revenue ceiling" means $7,400 in the 2003-04 school year and $7,800 in any
7subsequent school year if a school board adopts a resolution to that effect by a
8two-thirds vote of the members elect
.
AB466, s. 4 9Section 4. 121.91 (2m) (e) (intro.) of the statutes is amended to read:
AB466,9,1310 121.91 (2m) (e) (intro.) Except as provided in subs. (3) and (4), no school district
11may increase its revenues for the 1999-2000, 2000-01, 2001-02, or 2002-03 school
12year or for any school year thereafter to an amount that exceeds the amount
13calculated as follows:
AB466, s. 5 14Section 5. 121.91 (2m) (f) of the statutes is created to read:
AB466,9,1715 121.91 (2m) (f) Except as provided in subs. (3) and (4), no school district may
16increase its revenues for the 2003-04 school year to an amount that exceeds the
17amount calculated as follows:
AB466,9,2118 1. Divide the sum of the amount of state aid received in the previous school year
19and property taxes levied for the previous school year, excluding property taxes
20levied for the purpose of s. 120.13 (19) and excluding funds described under sub. (4)
21(c), by the average of the number of pupils enrolled in the 3 previous school years.
AB466,9,2222 2. Add $120 to the result under subd. 1.
AB466,9,2423 3. Multiply the result under subd. 2. by the average of the number of pupils
24enrolled in the current and the 2 preceding school years.
AB466, s. 6 25Section 6. 121.91 (2m) (g) of the statutes is created to read:
AB466,10,3
1121.91 (2m) (g) Except as provided in subs. (3) and (4), no school district may
2increase its revenues for the 2004-05 school year or for any school year thereafter
3to an amount that exceeds the amount calculated as follows:
AB466,10,74 1. Divide the sum of the amount of state aid received in the previous school year
5and property taxes levied for the previous school year, excluding property taxes
6levied for the purpose of s. 120.13 (19) and excluding funds described under sub. (4)
7(c), by the average of the number of pupils enrolled in the 3 previous school years.
AB466,10,88 2. Add $100 to the result under subd. 1.
AB466,10,109 3. Multiply the result under subd. 2. by the average of the number of pupils
10enrolled in the current and the 2 preceding school years.
AB466, s. 7 11Section 7. 121.91 (2m) (r) 1. (intro.) of the statutes is amended to read:
AB466,10,1512 121.91 (2m) (r) 1. (intro.) Notwithstanding pars. (c), (d) and (e) to (g), if a school
13district is created under s. 117.105, its revenue limit under this section for the school
14year beginning with the effective date of the reorganization shall be determined as
15follows except as provided under subs. (3) and (4):
AB466, s. 8 16Section 8. 121.91 (2m) (r) 2. (intro.) of the statutes is amended to read:
AB466,10,2017 121.91 (2m) (r) 2. (intro.) If a school district is created under s. 117.105, the
18following adjustments to the calculations under pars. (c), (d) and (e) to (g) apply for
19the 2 school years beginning on the July 1 following the effective date of the
20reorganization:
AB466, s. 9 21Section 9. 121.91 (4) (f) of the statutes is amended to read:
AB466,11,222 121.91 (4) (f) 1. For the 1999-2000 school year or any school year thereafter,
23if the average of the number of pupils enrolled in the current and the 2 preceding
24school years is less than the average of the number of pupils enrolled in the 3 previous
25school years, the limit otherwise applicable under sub. (2m) (e) (f) or (g) is increased

1by the additional amount that would have been calculated had the decline in average
2enrollment been 25% of what it was.
AB466,11,53 2. Any additional revenue received by a school district as a result of subd. 1.
4shall not be included in the base for determining the school district's limit under sub.
5(2m) (e) (f) or (g) for the following school year.
AB466,11,66 (End)
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