Assembly Bill 649 proposes supplemental funding measures aimed at supporting school districts in Wisconsin through whole grade sharing agreements and consolidations. The bill allocates a total of $5,950,000 in increased appropriations for the fiscal year 2026, which includes $2,700,000 for grants to school boards that enter into whole grade sharing agreements, $3,000,000 in additional state aid for consolidated school districts with higher maximum allowable levy rates than their predecessor districts, and $250,000 for reimbursement of costs incurred by school boards for feasibility studies related to consolidation or whole grade sharing.

Additionally, the bill mandates that the Department of Public Instruction submit a request to the Joint Committee on Finance by July 1, 2026, to supplement its appropriations for these initiatives. This legislative effort aims to enhance educational opportunities and financial support for school districts considering consolidation or collaborative educational arrangements.