August 25, 2023 - Introduced by Senators Testin, Wanggaard, Ballweg, Cowles, Felzkowski, Larson, Pfaff, Smith, Spreitzer and Quinn, cosponsored by Representatives Green, Armstrong, C. Anderson, Binsfeld, Dittrich, Doyle, Goeben, S. Johnson, Novak, Oldenburg, Ortiz-Velez, Sapik, Schmidt, Shankland, Steffen, Considine and Tittl. Referred to Committee on Education.
SB395,,22An Act to repeal 121.905 (1) (b) 1. to 3. of the statutes; relating to: restrictions on the revenue ceiling for school districts. SB395,,33Analysis by the Legislative Reference Bureau Current law provides a minimum per pupil revenue limit for school districts, known as the revenue ceiling. Under current law, the per pupil revenue ceiling is $11,000 in the 2023-24 school year and each school year thereafter. Current law also provides that, during the three school years following a school year in which an operating referendum fails in a school district, the school district’s revenue ceiling is the revenue ceiling that applied in the school year during which the referendum was held. The bill eliminates the provision under which a school district’s revenue ceiling is the revenue ceiling from a previous school year because an operating referendum failed in the school district.
For further information see the local fiscal estimate, which will be printed as an appendix to this bill.
SB395,,44The people of the state of Wisconsin, represented in senate and assembly, do enact as follows: SB395,15Section 1. 121.905 (1) (b) 1. to 3. of the statutes are repealed.
