MADISON (AP) – The leader of the Wisconsin Technical College System is coming out in support of Gov. Scott Walker’s proposed property tax cut.
Walker’s proposal would replace $406 million in property taxes raised by technical colleges with state money. He does that by lowering the property tax levy technical colleges can assess homeowners by 89 per $1,000 in value.
Technical college system president Morna Foy said in a statement released Thursday that Walker’s plan brings better balance to the system’s funding structure. She says the technical college system has “long sought greater equity between local and state investments.”
Walker’s property tax cut proposal outlined in his State of the State speech from Wednesday is drawing praise from Republicans and Democrats alike.