DPI releases July 1 aid estimates

From the Wisconsin Department of Public Instruction:

“Estimated general school aids for 2019-20 total $4.740 billion for the state, representing a $83.2 million (1.8 percent) increase over last year. Due to changes in the aid deduction from Milwaukee Public Schools for the Milwaukee Parental Choice Program, the estimated increase in aid payments to districts is $83.7 million. Of the state’s 421 school districts, 59 percent (248) are estimated to receive more general aid in 2019-20, while 40 percent of districts (168) are estimated to receive less; five districts will have no change in the aid between the 2018-19 and 2019-20 fiscal years.

“A district’s general aids can increase or decrease due to changes in any of the three local factors comprising Wisconsin’s general equalization aid formula — property valuation, enrollment, and shared costs — or from changes to the state appropriation.”

See the full release HERE.