AB68,1196,19 121.905 (3) (c) 6. For the limit for each of the 2015-16 to 2018-19 school years, for the 2021-22 school year, and for any school year thereafter, make no adjustment to the result under par. (b).

AB68,2197 Section 2197. 121.905 (3) (c) 9. of the statutes is created to read:

AB68,1196,22 121.905 (3) (c) 9. For the limit for the 2021-22 school year, add $200 to the result under par. (b).

AB68,2198 Section 2198. 121.905 (3) (c) 10. of the statutes is created to read:

AB68,1196,25 121.905 (3) (c) 10. For the limit for the 2022-23 school year, add $204 to the result under par. (b).

AB68,2199 Section 2199. 121.905 (3) (c) 11. of the statutes is created to read:

AB68,1197,3 121.905 (3) (c) 11. For the limit for the 2023-24 school year and any school year thereafter, add the result under s. 121.91 (2m) (L) 2. to the result under par. (b).

AB68,2200 Section 2200. 121.91 (2m) (i) (intro.) of the statutes is amended to read:

AB68,1197,8 121.91 (2m) (i) (intro.) Except as provided in subs. (3), (4), and (8), no school district may increase its revenues for any of the 2015-16 to 2018-19 school year or for any school year thereafter years to an amount that exceeds the amount calculated as follows:

AB68,2201 Section 2201. 121.91 (2m) (im) (intro.) of the statutes is amended to read:

AB68,1197,12 121.91 (2m) (im) (intro.) Notwithstanding par. (i) and except Except as provided in subs. (3), (4), and (8), a school district cannot increase its revenues for the 2019-20 school year to an amount that exceeds the amount calculated as follows:

AB68,2202 Section 2202. 121.91 (2m) (j) (intro.) of the statutes is amended to read:

AB68,1197,16 121.91 (2m) (j) (intro.) Notwithstanding par. (i) and except Except as provided in subs. (3), (4), and (8), a school district cannot increase its revenues for the 2020-21 school year to an amount that exceeds the amount calculated as follows:

AB68,2203 Section 2203. 121.91 (2m) (k) of the statutes is created to read:

AB68,1197,20 121.91 (2m) (k) Except as provided in subs. (3), (4), and (8), no school district may increase its revenues for the 2021-22 school year to an amount that exceeds the amount calculated as follows:

AB68,1197,24 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.

AB68,1197,25 2. Add $200 to the result under subd. 1.

AB68,1198,2 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.

AB68,2204 Section 2204. 121.91 (2m) (km) of the statutes is created to read:

AB68,1198,6 121.91 (2m) (km) Except as provided in subs. (3), (4), and (8), no school district may increase its revenues for the 2022-23 school year to an amount that exceeds the amount calculated as follows:

AB68,1198,10 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.

AB68,1198,11 2. Add $204 to the result under subd. 1.

AB68,1198,13 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.

AB68,2205 Section 2205. 121.91 (2m) (L) of the statutes is created to read:

AB68,1198,17 121.91 (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:

AB68,1198,21 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.

AB68,1198,24 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.

AB68,1198,25 3. Add the result under subd. 1. to the result under subd. 2.

AB68,1199,2 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.