No. We do not need the taxpayers incurring even more debt just to shrink the property tax base and pay even higher tax rates. The state owns enough land. If they want to buy more, they can sell land they already own.
MADISON, WIS. (AP) — Wisconsin Department of Natural Resources officials are asking Gov. Tony Evers to renew the agency’s contentious land stewardship program for another decade and substantially increase its borrowing authority.
The DNR uses stewardship funding to purchase land for the state and help conservation organizations purchase land. Republicans have criticized the program for running up too much debt and taking too much property off tax rolls. Debt payments stood at nearly $83 million last year. Still, GOP legislators agreed to extend the program through mid-2022 and authorized it to borrow up to $33 million annually.