Madison City Council Approves 2012 Budget

The Madison Common Council approved a new budget for 2012 early Thursday morning.

The new budget includes an extra $500,000 for the Overture Center, which was removed earlier by Mayor Paul Soglin.

Soglin threatened to veto the entire budget if it didn’t also include $125,000 to pay for a study of performance arts venues in Madison.

However, the council restored the arts study before approving the $250.8 million budget on a voice vote.

The budget would raise taxes on the average home in Madison by 3.7 percent.