The plan to help Milwaukee avoid bankruptcy shifts from Madison to Milwaukee for two more critical votes. The 2-percent sales tax increase for the city of Milwaukee still needs approval by the city’s Common Council, and the Milwaukee County Board of Supervisors would still need to sign off on a 0.4-percent sales tax increase.
A 2-percent sales tax increase for the city of Milwaukee alone is projected to generate $15 million a month.
Mayor Cavalier Johnson says this shared revenue bill will avert a disaster for Milwaukee. He says the city is headed towards a fiscal cliff if neglected pension liabilities are not addressed by 2025. “It will go to the governor's desk, I'm certain he will sign it and it will come here in-house to the city of Milwaukee and I believe we'll have the votes to get that passed as well... I believe we will have the votes to get it through the Common Council.”
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