(d) The referendum shall be held in accordance with chs. 5 to 12. The political subdivision shall provide the election officials with all necessary election supplies. The form of the ballot shall correspond substantially with the standard form for referendum ballots prescribed by the elections board under ss. 5.64 (2) and 7.08 (1) (a). The question shall be submitted as follows: "Under state law, the increase in the levy of the .... (name of political subdivision) for the tax to be imposed for the next fiscal year, .... (year), is limited to ....%, which results in a levy of $.... Shall the .... (name of political subdivision) be allowed to exceed this limit and increase the levy for the next fiscal year, .... (year), by a total of ....%, which results in a levy of $....?".
(e) Within 14 days after the referendum, the clerk of the political subdivision shall certify the results of the referendum to the department of revenue.
(f) The levy increase limit otherwise applicable to the political subdivision under sub. (2) is increased in the next fiscal year by the percentage approved by a majority of those voting on the question under par. (d).
(5) EXCEPTION, CERTAIN TOWNS. A town with a population of less than 2,000 may exceed the levy increase limit otherwise applicable under this section to the town if the annual town meeting or a special town meeting adopts a resolution to that effect. The limit otherwise applicable to the town under sub. (2) is increased in the next fiscal year by the percentage approved by a majority of those voting on the question. Within 14 days after the adoption of the resolution, the town clerk shall certify the results of the vote to the department of revenue.
(6) REPORTING REQUIREMENTS. The department of revenue may promulgate rules relating to a political subdivision reporting its debt service levy and nondebt service levy to the department.
(7) SUNSET. This section does not apply to a property tax levy that is imposed after December 2006.
(End)
LRB-1866LRB-1866/1
MJL:lmk:jf
2005 - 2006 LEGISLATURE
DOA:......Binau - Allocation of money by UWS
For 2005-07 Budget -- Not Ready For Introduction
2005 BILL
AN ACT ...; relating to: the budget.
Analysis by the Legislative Reference Bureau
Education
Higher education
This bill directs the Board of Regents of the UW System to allocate certain amounts of money from the UW System general program operations appropriation for implementing the recommendations of the UW System Committee on Baccalaureate Expansion and for the UW-Rock County Engineering Initiative.
For further information see the state fiscal estimate, which will be printed as an appendix to this bill.
The people of the state of Wisconsin, represented in senate and assembly, do enact as follows:
SECTION 9152. Nonstatutory provisions; University of Wisconsin System.
(1) ALLOCATION OF FUNDS. Of moneys appropriated under section 20.285 (1) (a) of the statutes for the 2006-07 fiscal year, the Board of Regents of the University of Wisconsin System shall allocate $1,111,400 for implementing the recommendations of the committee on baccalaureate expansion and $582,000 for the University of Wisconsin-Rock County engineering initiative.
(End)
LRB-1886LRB-1886/5
JK&RAC:lmk:jf
2005 - 2006 LEGISLATURE
DOA:......Ziegler - Increase in the school levy tax property tax credit
For 2005-07 Budget -- Not Ready For Introduction
2005 BILL
AN ACT ...; relating to: the budget.
Analysis by the Legislative Reference Bureau
taxation
Property taxation
This draft increases the total amount of the school levy property tax credits, beginning in 2007, by $150,000,000, from $469,305,000 to $619,305,000 and authorizes a transfer of certain tax revenues from the general fund to the health care quality improvement fund.
For further information see the state and local fiscal estimate, which will be printed as an appendix to this bill.
The people of the state of Wisconsin, represented in senate and assembly, do enact as follows:
SECTION 1. 16.518 (title) of the statutes is amended to read:
16.518 (title) Transfers to the budget stabilization fund and the cash building projects health care quality improvement fund.
SECTION 2. 16.518 (3) (b) 3. of the statutes is created to read:
16.518 (3) (b) 3. In the 2006-07 fiscal year, the secretary shall reduce any amount transferred to the budget stabilization fund under par. (a) by an amount necessary to ensure that the distribution on June 15, 2007, under s. 79.10 (7m) (a) 1. b. is made.
SECTION 3. 16.518 (4) of the statutes is created to read:
16.518 (4) Notwithstanding sub. (3), if the amount of moneys projected to be deposited in the general fund during the 2005-07 fiscal biennium that are designated as "Taxes" in the summary is less than the amount of such moneys estimated to be deposited in the general fund during that fiscal biennium, as determined by the department under s. 79.10 (7m) (a) 1. b., the secretary may transfer any of the excess to the health care quality improvement fund.
SECTION 4. 79.10 (2) of the statutes is amended to read:
79.10 (2) NOTICE TO MUNICIPALITIES. On or before December 1 of the year preceding the distribution distributions under sub. (7m) (a), the department of revenue shall notify the clerk of each town, village and city of the estimated fair market value, as determined under sub. (11), to be used to calculate the lottery and gaming credit under sub. (5) and of the amount amounts to be distributed to it under sub. (7m) (a) on in the following 4th Monday in July year. The anticipated receipt of such distribution distributions shall not be taken into consideration in determining the tax rate of the municipality but shall be applied as tax credits.
SECTION 5. 79.10 (4) of the statutes is amended to read:
79.10 (4) SCHOOL LEVY TAX CREDIT. The amount appropriated under s. 20.835 (3) (b) shall be distributed to municipalities in proportion to their share of the sum of average school tax levies for all municipalities, as adjusted under sub. (7) except that $150,000,000 of the amount appropriated shall be distributed to municipalities in proportion to their share of general school aids paid under s. 20.255 (2) (ac), (af), and (r) in the year of notification, as determined by the department of revenue.
SECTION 6. 79.10 (7m) (a) 1. of the statutes is renumbered 79.10 (7m) (a) 1. a. and amended to read:
79.10 (7m) (a) 1. a. The Except as provided in subd. 1. b., the amount determined under sub. (4) shall be distributed by the department of administration on the 4th Monday in July.
SECTION 7. 79.10 (7m) (a) 1. b. of the statutes is created to read:
79.10 (7m) (a) 1. b. No later than September 15, 2006, the department of administration shall determine whether general fund revenue during the 2005-07 biennium will exceed the amount of general fund revenue estimated under the 2005-07 biennial budget, plus any amount expended under s. 20.255 (2) (af). An amount equal to the amount of any excess determined under this subd. 1. b., not to exceed $150,000,000, but reduced by the amount transferred to the health care quality improvement fund under s. 16.518 (4), shall be distributed by the department of administration on June 15, 2007, and on each June 15 thereafter an identical amount shall be distributed, and the balance of the amount determined under sub. (4) shall be distributed on the 4th Monday in July 2007, and on each 4th Monday in July thereafter.
SECTION 8. 79.10 (7m) (a) 2. of the statutes is amended to read:
79.10 (7m) (a) 2. The town, village or city treasurer shall settle for the amounts distributed under this paragraph on the 4th Monday in July with the appropriate county treasurer not later than August 15. Failure to settle timely under this subdivision subjects the town, village or city treasurer to the penalties under s. 74.31. On or before August 20, the county treasurer shall settle with each taxing jurisdiction, including towns, villages and cities except 1st class cities, in the county.
SECTION 9. 79.10 (9) (b) of the statutes is amended to read:
79.10 (9) (b) Property tax relief credit. Except as provided in ss. 79.175 and 79.18, every property taxpayer of the municipality having assessed property shall receive a tax credit in an amount determined by applying the percentage of the amount of the value of property assessed to the taxpayer to the amount of the distribution distributions to be made to the municipality under sub. (7m) (a), as stated in the December 1 notification from the department of revenue, except that no taxpayer may receive a credit larger than the total amount of property taxes to be paid on each parcel for which tax is levied for that year by that taxpayer.
SECTION 10. 79.14 of the statutes is amended to read:
79.14 School levy tax credit. The appropriation under s. 20.835 (3) (b) is $319,305,000 in 1994, 1995, and 1996 and is; $469,305,000 beginning in 1997 and ending in 2006; and $619,305,000 in 2007 and in each year thereafter.
(End)
LRB-1889LRB-1889/3
ARG:kjf:pg
2005 - 2006 LEGISLATURE
DOA:......Percy, BB0??? - General obligation bonding
For 2005-07 Budget -- Not Ready For Introduction
2005 BILL
AN ACT ...; relating to: the budget.
Analysis by the Legislative Reference Bureau
transportation
Highways
Under current law, DOT, under specified circumstances, may contract up to $565,480,400 in public debt for the purpose of funding major highway projects, southeast Wisconsin freeway rehabilitation projects, and state highway rehabilitation projects. Prior to July 1, 2005, principal and interest costs incurred in financing this debt (debt service) are paid from the transportation fund. Beginning on July 1, 2005, debt service on this debt is paid from the general fund.
This bill increases by $250,000,000 this authorized general obligation bonding limit from $565,480,400 to $815,480,400.
This bill also creates new general obligation bonding authority for DOT, allowing DOT to contract up to an additional $213,100,000 in public debt for the purpose of funding southeast Wisconsin freeway rehabilitation projects. Debt service on this debt is paid from the transportation fund.
For further information see the state fiscal estimate, which will be printed as an appendix to this bill.
The people of the state of Wisconsin, represented in senate and assembly, do enact as follows:
SECTION 1. 20.395 (6) (au) of the statutes is created to read:
20.395 (6) (au) Principal repayment and interest, southeast Wisconsin freeway rehabilitation projects, state funds. A sum sufficient to reimburse s. 20.866 (1) (u) for the payment of principal and interest costs incurred in financing southeast Wisconsin freeway rehabilitation projects, as provided under ss. 20.866 (2) (uup) and 84.555.
****NOTE: This SECTION involves a change in an appropriation that must be reflected in the revised schedule in s. 20.005, stats.
SECTION 2. 20.866 (2) (uum) of the statutes is amended to read:
20.866 (2) (uum) Transportation; major highway and rehabilitation projects. From the capital improvement fund, a sum sufficient for the department of transportation to fund major highway and rehabilitation projects, as provided under s. 84.555. The state may contract public debt in an amount not to exceed $565,480,400 $815,480,400 for this purpose.
SECTION 3. 20.866 (2) (uup) of the statutes is created to read:
20.866 (2) (uup) Transportation; southeast Wisconsin freeway rehabilitation projects. From the capital improvement fund, a sum sufficient for the department of transportation to fund southeast Wisconsin freeway rehabilitation projects, as provided under s. 84.555. The state may contract public debt in an amount not to exceed $213,100,000 for this purpose.
SECTION 4. 84.014 (2) of the statutes is amended to read:
84.014 (2) Subject to ss. 84.555 and 86.255, any southeast Wisconsin freeway rehabilitation projects, including the Marquette interchange reconstruction project and projects that involve adding one or more lanes 5 miles or more in length to the existing freeway, may be funded only from the appropriations under ss. 20.395 (3) (cr), (cw), and (cy) and 20.866 (2) (uum) and (uup).
SECTION 5. 84.555 (1m) of the statutes is amended to read:
84.555 (1m) Notwithstanding sub. (1) and ss. 84.51 and 84.59, the proceeds of general obligation bonds issued under s. 20.866 (2) (uum) are allocated for expenditure obligations under s. 84.95 and s. 84.014 and the proceeds of general obligation bonds issued under s. 20.866 (2) (uup) are allocated for expenditure obligations under s. 84.014.
(End)
LRB-1890LRB-1890/1
ARG:kjf:rs
2005 - 2006 LEGISLATURE
DOA:......Percy, BB0??? - Transfer from transportation fund to general fund
For 2005-07 Budget -- Not Ready For Introduction
2005 BILL
AN ACT ...; relating to: the budget.
Analysis by the Legislative Reference Bureau
transportation
Other transportation
This bill transfers from the transportation fund to the general fund $250,000,000 in fiscal year 2005-06 and $18,058,100 in fiscal year 2006-07.
For further information see the state fiscal estimate, which will be printed as an appendix to this bill.
The people of the state of Wisconsin, represented in senate and assembly, do enact as follows:
SECTION 9248. Appropriation changes; transportation.
