Senate Bill 451 introduces new requirements for school boards in Wisconsin regarding the adoption of resolutions to exceed revenue limits through operating or capital referendums. Specifically, the bill mandates that a school board must obtain certification from the Department of Public Instruction (DPI) confirming compliance with all financial information submission requirements before initiating such resolutions. If a school board adopts a resolution without this certification, both the resolution and any associated referendum will be rendered void. This change aims to ensure that school districts are financially accountable and transparent before seeking additional funding through referendums.
The bill also amends existing statutes related to the process of exceeding revenue limits. It modifies the language in sections 67.05 and 121.91 to incorporate the new certification requirement and clarifies the conditions under which school boards can propose excess revenue. Notably, the amendments specify that the certification must be dated no earlier than 14 days prior to the resolution's adoption, reinforcing the need for up-to-date financial compliance. Overall, the bill seeks to enhance fiscal responsibility among school districts while maintaining the ability to seek additional funding through referendums under regulated conditions.
Statutes affected: Bill Text: 67.05(6a)(a)2.(intro.), 67.05, 121.91(3)(a)1, 121.91