The WASB has obtained updated information on the fiscal impact of Gov. Evers’ funding reform proposal on each school district. (See links below.)
The updated printout, generated by the DPI, provides information sorted alphabetically by district name and reflects both October 15th aid certification data for each district for 2018-19 and the School Levy Tax Credit amounts per district for 2018-19.
- View cover sheet explaining the printout.
- View district-by-district printout of fiscal effects of funding reform proposal.
Gov. Evers has included the funding reform proposal, which he refers to as the “Fair Funding for our Future” plan, in his proposed 2019-21 state budget bill.
Key aspects of the plan (which would take effect in the 2020-21 school year) include:
- Providing an additional $619 million in state general equalization aids over the 2019-21 biennium ($205 million in 2019-20 and $414 million in 2020-21 over the 2018-19 base). (This is in addition to the $1.09 billion transferred from the state property tax credits to the general aid distribution in 2020-21.)
- Setting a minimum aid level of $3,000 per full-time equivalent (FTE) student for every student in every district.
- Weighting economically disadvantaged students in all school districts by an additional 20 percent FTE within the General Aid Formula for per pupil property valuation purposes only.
- Shifting existing funding for the School Levy Tax Credit, the First Dollar Credit, and High Poverty Aid to the General Equalization Aid Formula.
- Creating a sum sufficient appropriation for hold harmless payments to ensure that every school district receives at least the same amount of total state support under the “Fair Funding” plan as it would otherwise receive under current law.
- Restoring the requirement that the state provide at least two-thirds funding of partial school revenues.