WI SB668

Creates supplemental state aid for school districts formed by consolidation on or after July 1, 2026, where the new district's maximum levy rate exceeds the lowest levy rate of the merging districts

First year aid equals the consolidated district's equalized value multiplied by the difference between its maximum allowable levy rate and the lowest underlying district's levy rate

Aid phases down over five years: 100% in year one, 80% in year two, 60% in year three, 40% in year four, and 20% in year five, ending in year six

Aid counts as general state aid for revenue limit purposes, reducing the property tax levy the consolidated district may impose

No funding appropriated; if appropriations are insufficient, payments will be prorated among eligible districts