Sentences with phrase «equalization aid for»

In other words, a negative tertiary school district would not lose equalization aid for capital expenditures that exceed the tertiary guarantee and are funded by referenda.

Not exact matches

First, voucher students were counted as part of MPS enrollments for the purposes of calculating revenue limits and equalization aid.

General equalization aid increases by $ 79.8 M while School Levy Credits increase by another $ 75M for a total of $ 747.4 M and the First Dollar Levy Credit is introduced for $ 75M.

The 1949 legislature provides for distribution of both equalization and «flat» aid.

As we reported in the July 18 WEAC Legislative Update, referendum restrictions included in the Senate GOP plan would exclude from «shared cost» any amount levied by a district in a prior year for either operating or debt service costs that were authorized by a referendum if doing so would not increase the district's equalization aid entitlement.

1973 — A complete tax base equalization program is enacted that provides a much higher appropriation of equalization aid to relieve local property taxes; discontinues general flat aids; institutes a power equalizing program providing for «negative aids»; and separates the shared cost into primary and secondary levels with a two - level system of state aid in which school costs which exceed the statutory ceiling of aidable costs are supported at a lower level of state aid to serve as a disincentive to high levels of spending.

The Madison school district receives about $ 2,000 per pupil in state equalization aid, but will have to expend $ 7,200 - 7,800 for each voucher student; a portion of our property and state income taxes will support private, religious schools.

2007 — No increase in general equalization aid is provided for 2007 - 08.

Last session there was proposed legislation to move to a solely district income based equalization formula, which according to this LFB analysis would have resulted in an over 60 % 68 % loss in aid for MMSD.

Walkers calls for a $ 105.6 million school levy tax credit for each of the budget's years and a $ 108.1 million increase in general equalization aid in 2016 - 17.