SB1104,28,15 1. Divide the sum of the amount of state aid received in the previous school year and property taxes levied for the previous school year, excluding property taxes levied for the purpose of s. 120.13 (19) and excluding funds described under sub. (4) (c), by the average of the number of pupils enrolled in the 3 previous school years.

SB1104,28,16 2. Add $204 to the result under subd. 1.

SB1104,28,18 3. Multiply the result under subd. 2. by the average of the number of pupils enrolled in the current school year and the 2 preceding school years.

SB1104,54 Section 54 . 121.91 (2m) (L) of the statutes is created to read:

SB1104,28,22 121.91 (2m) (L) Except as provided in subs. (3), (4), and (8), no school district may increase its revenues for the 2023-24 school year or for any school year thereafter to an amount that exceeds the amount calculated as follows:

SB1104,29,2 1. Divide the sum of the amount of state aid received in the previous school year and property taxes levied for the previous school year, excluding property taxes levied for the purpose of s. 120.13 (19) and excluding funds described under sub. (4) (c), by the average of the number of pupils enrolled in the 3 previous school years.

SB1104,29,5 2. Multiply the amount of the revenue increase per pupil allowed under this subsection for the previous school year by the sum of 1.0 plus the allowable rate of increase under s. 73.0305 expressed as a decimal.

SB1104,29,6 3. Add the result under subd. 1. to the result under subd. 2.

SB1104,29,8 4. Multiply the result under subd. 3. by the average of the number of pupils enrolled in the current and the 2 preceding school years.

SB1104,55 Section 55 . 121.91 (2m) (r) 1. (intro.) of the statutes is amended to read:

SB1104,29,13 121.91 (2m) (r) 1. (intro.) Notwithstanding pars. (i) to (j) (k) and (L), if a school district is created under s. 117.105, its revenue limit under this section for the school year beginning with the effective date of the reorganization shall be determined as follows except as provided under subs. (3) and (4):

SB1104,56 Section 56. 121.91 (2m) (r) 1. b. of the statutes is amended to read:

SB1104,30,2 121.91 (2m) (r) 1. b. Add an amount equal to the amount of revenue increase per pupil allowed under this subsection for the previous school year multiplied by the sum of 1.0 plus the allowable rate of increase under s. 73.0305 expressed as a decimal to the result under subd. 1. a., except that in calculating the limit for the 2013-14 school year and the 2014-15 school year, add $75 to the result under subd. 1. a., in calculating the limit for the 2019-20 school year, add $175 to the result under subd. 1. a., and in calculating the limit for the 2020-21 school year, add $179 to the result under subd. 1. a. In the 2015-16 to 2018-19 school years, in calculating the limit for the 2021-22 school year, and any school year thereafter, make no adjustment to the result under subd. 1. a., in calculating the limit for the 2022-23 school year, add $204 to the result under subd. 1. a., and in calculating the limit for the 2023-24 school year and any school year thereafter, add the amount calculated under par. (L) 3. for that school year to the result under subd. 1. a.

SB1104,57 Section 57 . 121.91 (2m) (r) 2. (intro.) of the statutes is amended to read:

SB1104,30,7 121.91 (2m) (r) 2. (intro.) If a school district is created under s. 117.105, the following adjustments to the calculations under pars. (i) to (j) (k) and (L) apply for the 2 school years beginning on the July 1 following the effective date of the reorganization:

SB1104,58 Section 58 . 121.91 (2m) (r) 2. a. of the statutes is amended to read:

SB1104,30,16 121.91 (2m) (r) 2. a. For the school year beginning on the first July 1 following the effective date of the reorganization the number of pupils in the previous school year shall be used under pars. (i) 1., (im) 1. and (j) 1. (k) 1. and (L) 1. instead of the average of the number of pupils in the 3 previous school years, and for the school year beginning on the 2nd July 1 following the effective date of the reorganization the average of the number of pupils in the 2 previous school years shall be used under pars. (i) 1., (im) 1. and (j) 1. (k) 1. and (L) 1. instead of the average of the number of pupils in the 3 previous school years.

SB1104,59 Section 59 . 121.91 (2m) (r) 2. b. of the statutes is amended to read:

SB1104,30,22 121.91 (2m) (r) 2. b. For the school year beginning on the first July 1 following the effective date of the reorganization the average of the number of pupils in the current and the previous school years shall be used under pars. (i) 2. and (j) 3. (k) 3. and (L) 4. instead of the average of the number of pupils in the current and the 2 preceding school years.

SB1104,60 Section 60 . 121.91 (2m) (s) 1. (intro.) of the statutes is amended to read:

SB1104,31,3 121.91 (2m) (s) 1. (intro.) Notwithstanding pars. (i) to (j) (k) and (L), if territory is detached from a school district to create a new school district under s. 117.105, the revenue limit under this section of the school district from which territory is detached for the school year beginning with the effective date of the reorganization shall be determined as follows except as provided in subs. (3) and (4):

SB1104,61 Section 61. 121.91 (2m) (s) 1. b. of the statutes is amended to read:

SB1104,31,16 121.91 (2m) (s) 1. b. Add an amount equal to the amount of revenue increase per pupil allowed under this subsection for the previous school year multiplied by the sum of 1.0 plus the allowable rate of increase under s. 73.0305 expressed as a decimal to the result under subd. 1. a., except that in calculating the limit for the 2013-14 school year and the 2014-15 school year, add $75 to the result under subd. 1. a., in calculating the limit for the 2019-20 school year, add $175 to the result under subd. 1. a., and in calculating the limit for the 2020-21 school year, add $179 to the result under subd. 1. a. In the 2015-16 to 2018-19 school years, the 2021-22 school year, and any school year thereafter, make no adjustment to the result under subd. 1. a. the 2022-23 school year, add $204 to the result under subd. 1. a., and in calculating the limit for the 2023-24 school year and any school year thereafter, add the amount calculated under par. (L) 3. for that school year to the result under subd. 1. a.

SB1104,62 Section 62 . 121.91 (2m) (s) 2. (intro.) of the statutes is amended to read:

SB1104,31,22 121.91 (2m) (s) 2. (intro.) If territory is detached from a school district to create a new school district under s. 117.105, the following adjustments to the calculations under pars. (i) to (j) (k) and (L) apply to the school district from which territory is detached for the 2 school years beginning on the July 1 following the effective date of the reorganization:

SB1104,63 Section 63 . 121.91 (2m) (s) 2. a. of the statutes is amended to read:

SB1104,32,6 121.91 (2m) (s) 2. a. For the school year beginning on the first July 1 following the effective date of the reorganization, the number of pupils in the previous school year shall be used under pars. (i) 1., (im) 1., and (j) 1. (k) 1. and (L) 1. instead of the average of the number of pupils in the 3 previous school years; and for the school year beginning on the 2nd July 1 following the effective date of the reorganization, the average of the number of pupils in the 2 previous school years shall be used under pars. (i) 1., (im) 1., and (j) 1. (k) 1. and (L) 1. instead of the average of the number of pupils in the 3 previous school years.

SB1104,64 Section 64 . 121.91 (2m) (s) 2. b. of the statutes is amended to read:

SB1104,32,12 121.91 (2m) (s) 2. b. For the school year beginning on the first July 1 following the effective date of the reorganization the average of the number of pupils in the current and the previous school year shall be used under pars. (i) 2. and (j) 3. (k) 3. and (L) 4. instead of the average of the number of pupils in the current and the 2 preceding school years.