Walker budget would slightly lower property taxes
MADISON, Wis. (AP) - Property taxes would drop slightly for the typical homeowner under Gov. Scott Walker's state budget.
Walker's plan released Tuesday would result in a property tax cut of $5 this year and $5 next year on the owner of a $151,000 median-valued home.
Walker campaigned last year on the promise that he would continue cutting property taxes just as he did during his first term.
Walker had also campaigned on lowering income taxes, but there are no proposed changes to that or the sales tax in his budget.
Walker is also rejecting a call from his own Department of Transportation to raise taxes and fees by about $750 million to pay for roads projects. Walker is borrowing $1.3 billion instead.
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