Understanding Fair Funding for Our Future

Written on . Posted in Business Office

Dec012010

Understanding Fair Funding for Our Future

 

On November 15, 2010, Wisconsin State Superintendent of Public Instruction, Tony Evers, revealed his comprehensive plan “Fair Funding for Our Future” around the state.  The intent of this article is to summarize the proposal and how it would affect the School District of Chilton residents.

Some of the key components of the Fair Funding plan and what Evers hopes to achieve are as follows:

According to the information that was provided by Evers, Chilton district would receive a 4.4% increase in aid.  With this increase in state support, the 2010-2011 tax levy mill to our district tax payers would have dropped from $10.62 per thousand to $8.10 per thousand.  Chilton has not seen a tax rate this low since 2000 when the mill rate was $7.61 (lowest in 30+ years).

It is extremely early to assume that Evers' plan will be adopted fully or in part by the new legislation and at this time Governor Elect Walker has not presented a budget proposal, though his office has referenced the state’s $3 billion budget deficit.  K-12 education makes up 44% of the state’s budget, so one can only assume that education funding will have some changes.

I will keep you informed as more plans are released and additional information is attained.

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