Lawmakers at the Wisconsin Capitol say Milwaukee Public School’s financial crisis will cost their schools as well. Republican Rep. Jerry O’Connor, R-Fond du Lac, said MPS’ recently approved property tax increase will shift the way that state school aid dollars are spent. “Under Wisconsin’s equalization aid formula, state tax dollars are distributed to school districts inversely based on property value per student, aiming to ‘equalize’ aid. This formula is expenditure-based, meaning that as Milwaukee increases its expenditures, it receives a larger share of state aid regardless of property tax ‘wealth,’” O’Connor said.
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Full story: https://www.thecentersquare.com/wisconsin/article_cfb0c772-2d77-11ef-a1d5-4f8f499df606.html
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