Here’s a quick recap of some of the key K-12 education provisions in the state’s new biennial budget as signed into law by the governor (with partial vetoes).
- Revenue limits for all districts will increase by $175 in the 2019-20 school year and by an additional $179 in the 2020-21 school year.
- The “low revenue ceiling” for the state’s lowest spending districts, which was set at $9,400 in 2018-19 is increased to $9,700 in the 2019-20 school year and to $10,000 in 2020-21 and in each subsequent school year. (Note: This adjustment in the low revenue ceiling may not be available for certain low revenue districts in which a referendum to exceed the revenue limits was held and failed in specified years.)
Continue reading 2019-21 state budget recap—what’s in, what’s out
The nonpartisan Legislative Fiscal Bureau (LFB) has released their estimate of the district by district effect of the major K-12 funding provisions included in the signed-into-law 2019-21 state budget. The numbers in the memo represent the estimated change to prior law.
The memo includes analysis of the following provisions:
- Per Pupil Revenue Limit Adjustment and Low Revenue Adjustment
- Per Pupil Aid
- Special Education Aid
Access the memo to see the effect on your school district here:
Estimated Effects of School Finance Provisions for School Districts Under 2019-21 Budget Act
Concluding a state budget process that began in late February with Gov. Evers’ first budget address and the release of his proposal, the governor today signed the state budget into law with several partial vetoes.
For K-12 education, the biggest news is that, through the veto process, the budget now invests about $85 million more in per pupil aid to school districts compared to the version passed by the legislature. The governor’s veto increases per pupil aid payments to a total of $742 per pupil in 2019-20 and 2020-21. (Districts received a total of $654 per pupil in 2018-19.) Compared to the $25 per pupil increases in this aid in each year that were approved by the Legislature, the increase under the governor’s veto is $63 per pupil higher in 2019-20 and $38 per pupil higher in 2020-21. As a result, districts will be able to increase their spendable revenues by $263 per pupil in 2019-20 and by $242 per pupil in 2020-21. Continue reading Governor Evers signs state budget; provides roughly $85 million boost in per pupil aid