Germantown New Elementary School (2008)
Germantown school board members were making the claim that the new school will pay for itself without raising property taxes because it will increase enrollment, which would in turn increase state aid to the district.
Also on the Nov. 4 ballot is a referendum meant to exceed annual revenue caps every year in order to pay the general maintenance costs of the new construction. See Germantown Exceed Revenue Limits (2008) for more information. Both of the measures were defeated.
Text of measure
BE IT RESOLVED by the School Board of the Germantown School District, Washington County, Wisconsin that there shall be issued pursuant to Chapter 67 of the Wisconsin Statutes, general obligation bonds in an amount not to exceed $22,500,000 for the public purpose of paying the cost of constructing a new elementary school on school district property next to Kinderberg Park; technology, safety and security initiatives District wide; and acquiring furnishings, fixtures and equipment." 
Defeated by 6,264 to 8,669.
The group United for a Better Germantown support the referendum, saying that "Successful passage of this referendum will help maintain Germantown as a district of choice for families looking for a community to raise their families." 
- United for a Better Germantown website
- Wisconsin Taxpayers Alliance website
- Group touts tax benefits of school, Gernamtown Now, October 1, 2008