SB30: Bill Text

LRB-0016/1

RAC:jrd:jlb

1995 - 1996 LEGISLATURE

1995 Senate BILL 30

January 24, 1995 - Introduced by Senators Darling, Huelsman, Rosenzweig, Andrea, Schultz and Breske, cosponsored by Representatives Coleman, Klusman, Musser, Ryba, Hanson, La Fave, Owens, Kaufert and Ladwig. Referred to Committee on Education and Financial Institutions.

SB30,1,2 An Act to amend 73.0305 of the statutes; relating to: the calculation of revenue limits for school district expenditures.

Analysis by the Legislative Reference Bureau

Current law limits the increase in the total amount of revenue that a school district may receive from general school aids and property taxes in the 1993-94 to 1997-98 school years. In the 1993-94 school year, the maximum allowable increase per pupil was $190 or the rate of inflation, whichever was greater. Beginning in the 1994-95 school year, the $190 per pupil amount is adjusted each year by the rate of inflation. The limit is based on the difference between the average of the number of pupils enrolled in the 3 previous school years and the average of the number of pupils enrolled in the current and 2 preceding school years.

The rate of inflation is computed as the percentage change in the consumer price index for all urban consumers, U.S. city average, between the preceding May 31 and the 2nd preceding May 31, as computed by the federal department of labor.

This bill, beginning in the 1995-96 school year, changes the period during which the consumer price index is calculated to the period between the preceding last day of February to the 2nd preceding last day of February.

For further information see the state and local fiscal estimate, which will be printed as an appendix to this bill.

The people of the state of Wisconsin, represented in senate and assembly, do enact as follows:

SB30, s. 1 Section 1. 73.0305 of the statutes is amended to read:

SB30,2,6 73.0305 Revenue limits calculations. The department of revenue shall annually determine and certify to the state superintendent of public instruction, no later than the 4th Monday in June, the allowable rate of increase for the limit imposed under subch. VII of ch. 121. For that limit, the allowable rate of increase is the percentage change in the consumer price index for all urban consumers, U.S. city average, between the preceding May 31 last day of February and the 2nd preceding May 31 last day of February, as computed by the federal department of labor.

SB30, s. 2 Section 2. Initial applicability.

SB30,2,9 (1)  This act first applies to the calculation of a school district's revenue limit under subchapter VII of chapter 121 of the statutes for the 1995-96 school year.

SB30,2,10 (End)