Gov. Signs $100 Million Property Tax Relief Plan into Law
Plan will increase general school aids
Posted Oct. 22, 2013
Gov. Walker has signed Oct. 2013 Special Session Senate Bill 1 (SS SB 1) into law, increasing general school aids by $40 million in 2013-14 and $60 million in 2014-15. The new law requires the Department of Public Instruction (DPI) to calculate a new 2013-14 October School Aid Certification by Oct. 31, 2013. The DPI indicates it hopes to be able to update the general school aids information by the end of the day on Oct. 23, 2013.
The new law also alters the limits on the community service (Fund 80) levies imposed by the 2013-15 state budget. It allows a school board to use its 2011 Fund 80 levy as its limit if both of the following apply: (1) the 2011 Fund 80 levy is more than the 2012 Fund 80 levy; and (2) either the 2011 or 2012 Fund 80 levy was less than $1,000,000.