Notes on Redistributed Wisconsin Taxpayer K-12 funds
But DPI spokesperson Chris Bucher said the department and MPS made sure all accounting errors were corrected to minimize any significant further adjustments. The state deducted $42.6 million in state aid from its payment to the district last month due to district reporting errors in the 2022-23 school year.
“This took a tremendous amount of time, energy, and effort from both the DPI and MPS, and we both believe we are in a good place with the 2023-24 data,” Bucher said. “We don’t anticipate any significant future adjustments at this time.”
MPS will receive about 7.7 percent less in general state aid this year. The total amount is $587.1 million.
Of 421 districts, two-thirds will receive more aid for 2024-25 than in 2023-24, while 137 districts will receive less.
General school aids are paid in four installments during the school year and are part of a complex school district budgeting formula that also includes property taxes and federal dollars.