More than half of Wisconsin public school districts will receive less general aid in the 2015-16 school year than they did for the 2014-15 school year, according to estimates released today by the Department of Public Instruction. Although the 2015-17 state budget has not been finalized, the most recent version of the biennial budget maintains the same level of general school aid ($4.476 billion) for 2015-16 as was appropriated in the 2014-15 fiscal year. Actual aid payments are estimated at $4.346 billion because of statutory reductions for the Milwaukee voucher program and for independent (2R) charter schools.
Of the state’s 424 school districts, 234 (55%) are estimated to receive less general aid in 2015-16, while 188 districts (44%) are expected to receive more aid. Two districts have no change in the aid estimate. With school aid being held at the same level as the prior year, other factors such as property valuation, enrollment, and shared costs in the general equalization aid formula impact whether the aid estimate for a district increases or decreases.
District aid estimates can be found on the DPI’s School Financial Services website.
Read More: DPI Release