Loading chat...
WI SB781
Bill
Status
12/12/2025
Primary Sponsor
Chris Kapenga
Click for details
AI Summary
-
Expenditures from a school district's general fund or debt service fund authorized by operating or capital referenda held after the bill's effective date would be excluded from the district's "shared costs" calculation
-
Shared costs are a key factor in determining state equalization aid payments to school districts
-
The exclusion applies beginning in the 2026-27 school year
-
Negative tertiary school districts (those with equalized valuation exceeding the tertiary guaranteed valuation per member) may receive increased state aid as a result of this change
-
The bill establishes a three-step calculation to determine the excludable amount based on referendum-authorized levies and the difference between school board levies and maximum allowed levies
Legislative Description
Excluding costs funded by referenda from shared costs for the purpose of determining general equalization aids for school districts. (FE)
Last Action
Fiscal estimate received
1/8/2026