AB43,1658 Section 1658. 79.036 of the statutes is created to read:

AB43,,4297 79.036 Municipal and county shared revenue. (1) In this section:

AB43,,4298 (a) “Aidable revenues” means, for each municipality and county, the total of the 3-year average of revenues from each of the following, as reported under s. 73.10:

AB43,,4299 1. General property taxes and other taxes.

AB43,,4300 2. Payments in lieu of taxes.

AB43,,4301 3. Special assessments.

AB43,,4302 3. Licenses and permits.

AB43,,4303 4. Fines and forfeitures.

AB43,,4304 5. Public charges.

AB43,,4305 6. Intergovernmental revenues.

AB43,,4306 7. Distributions under this subchapter, not including distributions under s. 79.04.

AB43,,4307 (b) “County equalized value per capita” means the amount of a county’s most recent equalized value divided by the county’s population.

AB43,,4308 (c) “Department” means the department of revenue.

AB43,,4309 (d) “Equalization factor” means the ratio of municipal equalized value per capita or county equalized value per capita divided by the statewide equalized value per capita, as calculated by the department separately for municipalities as a group and counties as a group. For purposes of this paragraph, the equalization factor may not be more than 500 percent of the statewide equalized value per capita, as determined by the department.

AB43,,4310 (e) “Equalized value” means the assessed value of property adjusted to reflect full value as determined by the department under s. 70.57, including, for municipalities, the value increment, as defined in s. 66.1105 (2) (m), in tax incremental districts and excluding manufacturing land and improvements assessed under s. 70.995.

AB43,,4311 (f) “Municipal equalized value per capita” means the amount of a municipality’s most recent equalized value divided by the municipality’s population.

AB43,,4312 (g) “Qualifying public safety expenditures” means amounts expended by each municipality or county for the purposes of law enforcement, fire protection, or ambulance and emergency medical services, as reported to the department under s. 73.10.

AB43,,4313 (h) “Standard aidable revenue match percentage” means the percentage match of aidable revenues determined by the department as necessary to distribute the total amount allocated under s. 79.01 (3) to make the payments under this section.

AB43,,4314 (2) (a) Beginning with the distributions in 2024, each county and municipality shall receive a payment under this subsection from the municipal and county shared revenue account to use for law enforcement, fire protection, and ambulance and emergency medical services and to pay the costs of prosecutorial and judicial functions. The total annual amount to be distributed to counties and municipalities under this subsection is an amount equal to 43.4 percent of the amount determined under s. 79.01 (3), rounded to the nearest $1,000,000.

AB43,,4315 (b) The department shall calculate the payment under par. (a) for each municipality and county as a percentage of the most recent 3-year average of qualifying public safety expenditures for each municipality and county as necessary to distribute the full amount of the aid available, or $10,000, whichever is greater.

AB43,,4316 (3) (a) Beginning with the distributions in 2024, in addition to the payments under sub. (2), each county and municipality shall receive payments under this subsection from the municipal and county shared revenue account as per capita and aidable revenues allocations. The total annual amount to be distributed to counties and municipalities under this subsection is the amount that remains after making the payments under sub. (2). The department shall distribute 70 percent of the total annual amount determined under this paragraph to municipalities and 30 percent of that amount to the counties.

AB43,,4317 (b) 1. The department shall determine the per capita aid for the municipalities by multiplying the total amount available to municipalities by 0.15 and dividing the product by the state’s total population.

AB43,,4318 2. Each municipality shall receive its per capita allocation as the result of multiplying the statewide per capita amount determined under subd. 1. by the municipality’s population.

AB43,,4319 (c) 1. The department shall determine the per capita aid for the counties by multiplying the total amount available to counties by 0.15 and dividing the product by the state’s total population.

AB43,,4320 2. Each county shall receive its per capita allocation as the result of multiplying the statewide per capita amount determined under subd. 1. by the county’s population.

AB43,,4321 (d) 1. The total amount available for aidable revenues allocations shall be equal to the amount remaining for municipalities and counties after the distributions of the per capita payments under pars. (b) and (c).

AB43,,4322 2. Each municipality’s aidable revenues allocation is an amount equal to the municipality’s aidable revenues multiplied by the quotient of the standard aidable revenue match percentage for all municipalities divided by the equalization factor for the municipality receiving the allocation.

AB43,,4323 3. Each county’s aidable revenues allocation is an amount equal to the county’s aidable revenues multiplied by the quotient of the standard aidable revenue match percentage for all counties divided by the equalization factor for the county receiving the allocation.

AB43,,4324 (4) (a) 1. Beginning with the distribution in 2025, if the total payments to a municipality or county under this section and s. 79.035 are less than 95 percent of the total payments to the municipality or county under this section and s. 79.035 for the previous year, the municipality or county has an aids deficiency. The amount of the aids deficiency is the amount by which 95 percent of the total payments to the municipality or county under this section and s. 79.035 in the previous year exceeds the payments to the municipality or county under this section and s. 79.035 in the current year.